If everyone had unlimited data, great. No problem. The problem is the data caps. Simply put, data caps make the advantages of LTE irrelevant. The caps prevent anyone from making use of the full potential of an LTE network. The LTE that is offered by major wireless carriers is a waste of money because it comes with strict data caps. These data caps actively discourage the types of activities that LTE enables. Activities that are made possible by LTE, such as watching movies or uploading video to the internet, are made impossible by the data caps. As a result most users will avoid taking advantage of these new services out of fear of incurring large overage fees. I tried out the Galaxy Nexus for 3 days in late December before returning it for battery life issues. I was completely shocked by how much data LTE was using for things that took very little data on 3g. So my prediction is that there will be a lot of overage issues in the first few months the next iPhone comes out causing a lot of angry people. They just won't understand how they can't do the same things on LTE that they did on 3g without paying more money for it.