ZDNet:

First off, if you pur­chase from Verizon Wireless and decide that the Tab is not for you, you will be hit with a $70 restock­ing fee. If that’s not bad enough, if you return it after three days of hav­ing pur­chased it, you will not be cred­ited back your $35 acti­va­tion fee either. Oh, did I for­get to tell you about that fee? Yeah, in addi­tion to the price of acqui­si­tion, Verizon also throws a $35 acti­va­tion fee onto your first bill.

That’s not all:

• Verizon bills you one month in advance.
• Your first bill includes the cost of the data plan, the $35 acti­va­tion fee and the tax asso­ci­ated with them.
• A recon­nect fee of $35 if you decide to stop your data plan and restart.
• If you want to be charged less just sus­pend your account, and that’ll be just $15.

The acti­va­tion fee is not too sur­pris­ing since I was docked an upgrade free to get my iPhone 4 on AT&T. Thankfully I pur­chased the iPhone 4 at the Apple Store where I won’t be charged a restock­ing fee for up to 30 days from the date of pur­chase if I decide to return it.

You’ll burn through your data so make sure not to under­es­ti­mate your data usage. Overage fees are much more expen­sive than sim­ply pay­ing for the next tier up. Verizon is no exception.

These recon­nect fees by Verizon are ridicu­lous. This is in stark con­trast to what Apple and AT&T has agreed to on the iPad’s data plan. With the iPad there are no hid­den fees and you can start, stop, upgrade, down­grade as much as you want.

I’m not sure a Verizon iPad would be that great of a deal even if it came out, despite the fact that I have ter­ri­ble 3G cov­er­age where I live. I can live with sucky wire­less cov­er­age but a com­pany that sucks my wal­let dry? Not a chance.