Verizon (well all of the cell phone companies) just sucks (sorry if you do not like the language but it’s true, they really do). If you want to get the iPhone 5 on Verizon you will lose your unlimited data plan. These cell phone companies are like health insurance…we keep paying more and more for less and less and they keep having record profits. Go figure. Spread this around and make Verizon aware that we are not happy about this.
Of course you can always buy the phone unlocked (just buy it outright from apple or verizon not on contract) for $650 and keep your plan. But come on, $650?