Let's start with the good news - ten LTE-capable devices are coming out by mid-2011 with some of them rolling out as soon as March. As to the speed of the network, Verizon assured us that even on full load it will deliver speeds of up to 12 Mbps. With that said, we can only hope for faster launch of the 140 additional markets for LTE that Big Red just announced! But don't worry if another carrier covers your area and you want to switch - Verizon hinted that SIM cards from other carriers will work on its devices, thus complying with open access requirements.
Unfortunately, pricing for future LTE plans remains an unknown. What we know is that there was a lot of mumbling and stuttering on the topic of data caps, so problably there will be some limitations on data usage. Verizon also touched on net neutrality mentioning that they will definitely prefer to have less talk with Washington. Luckily, most of the devices coming on Big Red's network will have mobile hotspot functionality, but tethering seemed to be an open question. Not much news on that, and the U.S. largest carrier was also vague on voice and data simultaneous support for voice and data. Come on, Verizon, don't torture us!