That is exactly what it means. They created tiered plans, but they sorta had to grandfather in the unlimited plans. So now they are looking for ways to force the unlimited folks into tiered plans, but redefining what a "high bandwidth user" is. So now they are claiming that anyone using more than 2GB a month, which just happens to be their lowest tier that costs what our Unlimited plan costs, and they will start throttling. VZW 3G speeds suck to begin with, but if they start throttling it back to dial-up speed, their hope is not that you will use less than 2GB a month, their hope is that you will abandon your $30 "unlimited" plan and move up to the $50 5GB plan or something.
They are trying to force you to pay more for less than what you are supposed to be getting already on your unlimited plan. This has to be one of the most dirty tricks I have seen from a cell phone company in years.
I would love to hear the opinions of the resident VZW fanbois that rush in to defend VZW and "protect capitalism" at every turn... I believe in letting corporations run themselves as they see fit, but lets call a spade a spade here... This is shady and utter BS and is making Sprint look like a better option every day...