Verizon's announcement yesterday was terrifying but, with today's clarification, I'm trying to find the light. Current Contract I am in contract right now on a iPhone 4 with unlimited data and upgrade eligible. My original plan was to wait until iPhone 5 to upgrade, then use the LTE sim card in a eBay-ed Verizon Jetpack as my internet (thus the value on unlimited data). Proposed Plan If I upgrade before they make shared plans official (as in ASAP), I could upgrade to a 4G LTE device while keeping my unlimited data plan. I can use the 4G phone, sell the iPhone 4, and wait until the iPhone 5 release. At that point, I will sell the 4G LTE device, and use those earnings to purchase the iPhone 5 unsubsidized with less of an impact on my wallet. The gain would be the $ associated w/ selling the 4G LTE device, helping to pay for an unsubsidized iPhone 5. Relevant Verizon Clarification Bullet Points - Customers who purchase phones at full retail price and are on an unlimited smartphone data plan will be able to keep that plan. Any input from the rest of you trying to figure this out would be appreciated!