The Motorola Milestone 2 might not provide a good product for existing and potential Milestone users to buy it; that's our conclusion looking at various deals for the Milestone and the Milestone 2 widely available on the web.
You can compare the specs of the two phones on Motorola's official website here and you will see that the main differences are quite minute.
The first generation Motorola Milestone doesn't come with Flash but that might change with the arrival of Froyo on the platform; The Milestone 2 can record HD videos, has a faster processor, comes with Motoblur and rather than a directional pad on its keyboard, it now comes with an arrow key.
Worse, because the Milestone is a "mature" product that has reached its end of life, it is being significantly discounted. Buymobilephones.net sells it for £20 per month on an 18-month contract with a £20 discount which brings the TCO to a mere £340 (or £18.89 per month).
You not only get the phone but also 100 minutes, 100 texts and 1GB data. The cheapest plan (TCO-wise) for the Milestone 2 would cost £540 on an 18-month contract albeit with 600 minutes and 500 texts.