In today's (2-DEC-2010) Slashdot:
Verizon's new 4G LTE network is so fast that you can use up your entire 5GB in as little as 32 minutes. The 2010-era speeds are soured by the 2005-era thinking on data plans. Verizon has priced LTE pretty much like 3G to encourage data sipping, not guzzling. As soon as you start using the latest high-bandwidth Internet services, your whole month's allotment can evaporate in no time. According to a test, the network's speed maxed out at 21Mbps, which means that it takes only 32 minutes to smoke up the 5GB monthly data cap on the plan. While the 21Mbps speed was hit on a low traffic network, Verizon estimates you'll be able to get around 8.5Mbps with a loaded network which still means that the cap can be exhausted in about an hour and a half.
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