After a little over a week of managing to stay online, the LG Nexus 4 8GB model is now out of stock at Google Play once again. The good news for those that don’t mind the idea of signing a two-year contract is that T-Mobile is now offering the Nexus 4 for just $50, for a limited time only.

When T-Mobile’s two-year contract was $150 for a phone you could get for $300 completely unlocked through the Play Store, the idea of going contract seemed kind of pointless. At just a $50, the idea has a lot more merit now.

So what’s the catch? Other than the contract, this price is only valid for new T-Mobile customers. If the idea of getting the Nexus 4 on contract for $50 interests you, you have until February 18th to sign up and get it at that incredibly low price point.

What do you think, worth it or not?

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