I ran across this iMore article yesterday.
I personally think this is not necessary. There are already many other organizations: RSB, DSB, and others just to name a few that can get you cheap or discounted tech. While this is very USA centric and I know it can be difficult if not impossible to get Apple tech even for normal people in other countries because of inflated prices do to currency exchanges, it is still not impossible. For one, buying refurbished devices are just as good as if you bought them brand new. Apple has put a lot of work into keeping a device that is several years old up to date a running well with decent performance. You don't have to have the hot brand spanking new tech as soon as it gets released. If you can't by the latest and greatest get last years model and it will be much cheaper.
Those are just some of my thoughts. What does everyone else think?