Thanks a lot, I did learn a thing or two from the replies, I appreciate them all.
Here is where I am right now, I did some back of the envelope calculations. We are three in my family, and live in an area where only Verizon offers good coverage. I am right now on Sprint and it sicks, big time.
Between Verizon and StraightTalk, over a 2 year period, for the three of us assuming 6GB+3 smart phones plan of Verizon and a three smart phone month-to-month StraigtTalk, here is what I am seeing:
StraightTalk -- about $500 cheaper over 2 years, no contract, HSPA+
Verizon -- pay 500/12= $21 per month more and get LTE coverage for all three
With payback period of about 18 months and only $500 savings over 2 years for StraightTalk over Verizon LTE, Verizon seems a better option even with locking in a 2 year contract, after all it will take 18 months for me to recover the cost of full price for the phones.
Unless I am missing something, like overestimating the benefit of LTE over HSPA+, or something else.
Am I thinking straight? Any insights?