I thought I was buying a used one, but apparently it is a new 4GB for $299 from applestore.com. (Refurbished products are located at the Applestore on the left side towards the bottom of the page.)Since it is discontinued and to offer I guess the same discount as the 8GB it is reduced as well. I assume you MIGHT be able to get a rebate for the refurbished, I would contact Apple.
To verify the new price for the 4GB, I called a local Applestore, they said they have new ones for $299 but were sold out.
I was trying to find better deals on EBay, but people are still buying new 4GB for upwards of $300 to $365!
Are these people morons or living in a cave in Afghanistan????????????