Verizon had previously announced that shared data would be coming to the network. At that time, they had not announced exactly when or how the new system would work. Today, some new details have surfaced about the cost and when the actual system will go live. Depending on your data usage, this new system could be a good or a bad thing.
The pricing, seen above, seems reasonable. It's not bad until you start tacking on additional devices. For a smartphone, you have to pay an additional $40. A regular phone sees you shelling out $30 for data. A hotspot? $20. A tablet, which is what I really see this shared data as being used for, is $10 extra a month.
The new plans become available on June 28 and Verizon is hoping they tempt you away from your current unlimited plan. My advice? Don't give up your unlimited plan if you use more than 1-2GB of data. The new plans are interesting, but a bit overpriced. I think if the prices came down, then they would be a better value and see more adopters.