The BlackBerry Pearl Flip, Research in Motion’s first Blackberry flip phone, is now available on T-Mobile’s website.

After a $150 instant rebate and a $50 mail in rebate, the BlackBerry Pearl Flip will run you $150.

Personally, I think that this is about $50 to $100 too much and I predict that you will see a price drop via some type of rebate or promotion before the holidays.