I currently have DSL and a home phone (Land line?). I'm about to pull the trigger on an iPhone with a 2 year contract with Verizon. A guy at work tells me I can not only cut off my home phone, but the DSL as well and I can access the internet on my iMac via my iPhone as a "WiFi hotspot". Can anyone confirm this? I don't do too much downloading, but my sole source of entertainment is streaming Netflix and Hulu.