So you expect me to believe that a vending machine where I can buy a Coke for six quarters that I can also buy an MP3 player for 750 quarters? I am not buying it.
USPS has postal vending machines both in the office and a couple major supermarkets that eat bills up to $20. Same hardware the self-checkout machines use. Spits out $1 coins as change. So its merely four $20s, or so.
I've seen the same hardware spitting our arduinos and the like at hackerspaces. If you're worried about mechanical damage we have food vending machines at work that operate via locking sliding doors.
I remember seeing an iPhone vending machine at a tech event in SF. This was at the Moscone Center not long after the launch of the second generation though.
More easy for countries where it is supported everywhere, rather than regionally. But also possible to target vending machines in transit areas, since a lot of public transport has moved over to smart cards.