So heres my review of day 1 with my magicphone hotspot. I'd wait and review it later, but given its current performance, I don't have much reason to believe that it will suddenly limit the data. That and I had 15 HD video streams going trying to suck up as much data as possible, but it just made my house hot instead.
Full disclosure, I was not willing to shell out the full $430 asking price for something I was taking a gamble on, the gamble being that it will continue to work into the future. Magicphone offered me a cheaper less desirable phone model in exchange for a break in the price. I'm just using it as a hotspot, so I didn't especially care. I asked a lot of questions, and found all answers satisfactory. There was no hesitation to use escrow, so we did through OGNasty. I received the phone today, two days after ordering it. I turned it on, and it was all set up already with the stock calling and texting app disabled to prevent an accidental lock of service. On the front page was a shortcut to the USB Tethering and Hotspot settings. I turned it on, changed the SSID and Wep, and was using it within a minute or so. Using an internet speed test, I clocked it at around 12mb/s though I assume thats highly dependent on the area and signal strength. I figured I'd test out the unlimited data usage, and streamed 5Gb worth of movies before turning off my computer because I was getting hot. Strange fall weather.
I can't see the future, so I can't really say for certain that it wont stop working at some point in the future, but every claim that Magicphone has made for certain to this point has been true, so I don't see much reason to doubt them now. I'm satisfied with the phone, and I'd say to anyone who is interested, shoot Magicphone a pm and ask any questions you have, its worth the time anyway.
Thank you for the fantastic review Salty, I hope you enjoy all that sweet sweet data!
. Using escrow for the transaction helped make it an easy choice as well. 
