Recycle It: Through the Manufacturer
As manufacturers get on the e-waste bandwagon, some offer incentives, meaning you can turn old electronics into cash or new electronic goodies. Apple, for instance, offers a 10 percent discount on a new iPod if you toss them your old one. Other products of theirs, and even PCs, might also be deemed of value if you send them in. It's not a guarantee, but if your poor machine is so battered from use they consider it a lost cause (hey, grandma, stop downloading malware!), at least they'll recycle it responsibly.
There are lots of other sites on the Web that offer cash for old electronics, too. So if you have your last four generations of cell phones taking up space in a drawer (I'll admit it, sigh, I do ...) check them out and see if you can't trade them in for some cash monies.