If you are proficient with solder, you can attempt the mod that I did, it is pretty simple if you are able to solder. If not, its never too late to learn, and will only cost at most $40 to get a kit to start that can be used in the future to fix/mod otherthings in the future...
Anyways, my mod works fairly well and you can use any 3.5 mm jack headphones with the stock headphone set up and maintain a small microphone on it to answer calls as well, and have it still look sleek. Just be careful!
One extra note is that if you get the headphones with detachable cables extension cables it would help with the extra length of wire. I can make another one for you if you want, I have one extra pair that I haven't used yet.
Link:
http://forum.ppcgeeks.com/showthread.php?t=53120