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Sure, you can do this no problem. Keep in mind your total cost for the Evo would end up being...
1. Contract price you pay when you setup a new account
2. Activation fee
3. Two months service (have to have the account open beyond 30 days to keep the phone)
4. ETF when you cancel
5. You would not get any MIRs as your account would be closed and/or not have the Evo on it when it was processed
The way I work it out (if the Evo sells for $299 - $100 MIR) it could be about...
3. $175 (lots of taxes of course!)
5. Included in #1
Swapping phone numbers could be a bit more complex; not 100% sure on that.