Swapping SIM cards from a 3G phone?

Hello all,
I'm in a bind with my current IPhone 3G and need your opinion. My 3G is on it's last legs, the "Genius" at the Apple store confirmed it...It's having hardware issues and needs to be replaced.
My issue is that I'm not elligible for an IPhone 4 upgrade till September, but I need to get a new phone since I use it primarily for work. I was thinking about doing this, please let me know if it will work:
Instead of waiting till September to upgrade my phone, I'll add a new line to my existing family plan which will let me get the new 4g for the $199 price. My question is this...can I take the SIM card from my existing 3G phone and plug it into my new 4G phone and retain the same phone number? Or am I stuck with having to use a new phone number on the new phone?
Any help is appreciated.

"I've been on the phone multiple times with AT&T, they wont budge and upgrade my IPhone early"
Call them and tell them that you want to get an iphone for a new line, then you want to switch phones between the phone numbers. They should be able to help, although (as provided ) you will have to pay for two data plans.

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