While browsing the listings for the Phoenix, Arizona Craigslist, I happened to notice a listing for a FREE 1960's Sears Discoverer 2.4-inch F/15 equatorial refractor telescope with wooden storage chest. The ad was posted on October 13, 2008, and the listing number is:

http://phoenix.craigslist.org/nph/pho/878123387.html
(I am not the giver of the telescope.)

I don't think that this one will last too long at that price.