Gents:
The new phone is DEF new. They sent a brand new box with battery, samsung headphones, charger, new sim, etc. The message for asurion activation and return said "Retain all accessories including battery, charge, etc." So in addition to a brand new s3 i got a backup batter, an extra set of head phones, and another charger to add to my collection.
Went to otterbox.com - $50. Went to newegg - $30.00. Overnighted the thing for $15 bucks and I'm fully protected.
If you don't have insurance you're playing russian roulette. It's like driving around a new car - you're old one will never see any dings or dents but the first time out in your new one and 5 people will pull out in front of you.
Also now that I have the otterbox defender i'll never have a phone w/o one. It's easier to hold (more grip), has a built in screen protector, and feels as solid as a tank. Appreciate the suggestion on that one!
Started thinking about why I got a new one - the only thing I can figure is not enough people have broken then yet for a full stock of refurbs. If you're going to break it then hurry and do it before they gain refurb stock! lol