You don't want this deal unless:
You already have solid mobile internet and want to use this as a backup
You really don't use Internet all that much
You like being punked on by Verizon
Here's your TCO:
.01 for the device
$49.99 + (~$10 taxes and fees) = $59.99 * 24 months = $1440.01 for the life of the contract
/ (25 gigs * 24 months) = 600 GB of high-speed internet
= $2.40 /gb.
That is TERRIBLE. You can tell it was fully negotiated by Verizon because it has all of Verizon's onerous terms.
The older deal was much better, and if FMCA had required a good standing membership for a longer period of time, they might have been able to pull it off.
I bit on the renewal, it's only $95. But after researching this "deal" it's a lot worse than it seems on the surface.
I'll likely go with renting the unthrottled UL plans month to month, even at the higher price.