A lot of people pondered the same when the 2 came out. Quite a lot of 1 owners upgraded immediately and sold their 1's, and plenty of people bought the used 1's. Quite a few people with the 1 never updgraded and perhaps might do so now. The left over brand new 1's were also sold at discounted prices and went pretty fast. There are plenty of brand new 2's in stock now and they are $100 off the original price. I just got the 2 recently, with the intent of being a holdout until at least the a while after the release of the 3, because my 1 has been serving my needs quite well. But I was just gifted a brand new 2 under 3 weeks ago, and even knowing the 3 would be announced and ready for purchase within a month, I opted to keep the 2. My hubby gifted me with it, so it's not like I couldn't have returned it to wait. It wouldn't offend him, but I was like, hey cool, no problem, and in another 2 years, go for the 3. And I still have my 1 which I can't part with and will use until the battery goes, and I foresee having the 1 for a few more years too.