So yea, my question is that... Will my unlimited data end at the end of my two year cycle if i don't get a subsidized device upgrade? If it does not, then will I end up in a month to month contract or will I have to sign again for at least a year?
I don't want to pay full price for a phone, only to get screwed in January when my contract is up.
If you buy your own phone (or keep your old one) you will stay on Unlimited and revert to a month-to-month (no contract commitment) plan at the end of your current contract. That "no contract commitment" applies to both sides of the table - you may discontinue service at any time with no termination fee, and Verizon may change the terms of service of their side of the deal (including the removal of an "Unlimited" data plan if they so choose) at any time.
At some point, especially if you are a very heavy data user, Verizon may decide that you are an unprofitable (or "less profitable than your neighbors") customer. They have the option of dropping you or forcing you to a tiered plan each time you pay your bill. But unless you are a truly heavy data user, I just don't see that happening.
I can see them maybe taking their top ten percent of heavy users and knocking them off, but if you are keeping unlimited and haven't accepted a subsidy and you are still only using less than 1GB a month and merely want "unlimited" for its name's sake, you are actually saving Big Red some serious money - you're the kind of customer they want.
But if you're out of contract and keeping unlimited because your current usage includes more than a terabyte of usage a month, it's very likely you'll be the first against the wall when the revolution comes. Next in line will be the 900-Megabyte-and-up folks, then they'll start dwindling that down until the only people on "unlimited" are the ones who would actually be better-served by going to tiered data.
I'm not saying it's right - but once you go month-to-month Verizon is no more beholden to you than you are to them.
Ya rolls the dice, ya takes yer chances.