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iPhones, micro SIMs and normal SIMs

Hi

I'm looking at getting an iPhone 4 outright (either from 3 for £400 or unlocked from Apple for £429).

I know with a Blackberry you need to have a "Blackberry" contract or add-on. Is it the same with iPhones? Or can I buy any SIM only deal, cut the SIM down to micro size, and use that? Micro SIM deals aren't so good value for money, so I would like to be able to use a normal SIM if I can without compromising the usability of the iPhone.

For example with 3, I would need the £25 per month micro-SIM to get more than 300 minutes, or I could get a standard sized SIM-600 12 month contract for £15 per month, or £17 per month if I want to keep the contract length down.

I would be grateful for any advice.
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