so right have black 32gb iphone 4 at&t. i'd upgrade 4s though, thought i'd put 4 on craigslist , see happens. i'm upgrade eligible save iphone 5, i'm shopping 4s on craigslist. listed @ $350 in very condition box , original items minus headphones, since lost while back.
surprise, got bunch of email/text , people wanting buy phone asap tomorrow when chance meet up. in lot of these emails/text people ask firmware , modem version i'm on. firmware 4.0.1 , modem 01.59.00 mean , how affect $ price of phone? installed cydia on when first got never messed since confused me. 
main concerns are, getting price phone? current top offer $340 plan on taking tomorrow if goes 4s purchase cl seller. i've been told potential buyers restore/erase iphone 4 through phone settings , not use itunes restore. method personal data , apps keep firmware version intact? i'd appreciate advice/help, in advance.
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