In the end, ST and Verizon probably come out about the same. The big difference is NO CONTRACT! With ST you have the option of changing up or just leaving when something new/better comes a long or if you get pissed off at the company for whatever reason.
I have a feeling that before Obama leaves office he is going to change the rules on how cell companies can operate cause there ain't a communication business he doesn't want his hands in.
In this case, what do people then do with their pricey phones they have paid for?
Huge market all over the web for reselling phones so if it's a decent smartphone line, you can get rid of it (for a loss of course if you bought new). Common misconception is that folks on contract get "free/cheap phones" but that's not true because their plans are higher monthly rates so they are paying it off over 2yrs.
In reality, if a person always wants the latest and greatest gadget, they MIGHT be better off on contract. I just can't stomach it as I'm always at LEAST 3-4 yrs behind on technology... frees up all the money we would have wasted on depreciation of tvs, furniture, phones, vehicles, etc. and put into our house, savings, or my hobby tools that help generate secondary income. With American's being the "best consumers" (what a shame we share that title) in the world, I don't find many folks that agree with my overall line of thinking.... where's a emoticon stepping off a soap box I can insert here?