What a great idea. But look under the covers and you'll find that you're spending $70 for the connectivity. I don't see anything in this piece about Premium Channels (HBO, Showtime, NFL Network, MLB, etc.) so that computes to a base fee + all the rest
Before you get giddy about the speed, remember it won't help your mobile device at all unless you are camped at home. Then you'll be paying for two services, broadband AND mobile.
Time will tell on the rest, but at least someone has the vision to understand the future will be paved with bandwidth bandwidth bandwidth. It just depends who is delivering it, how (landline or mobile), and to what types of devices.
Google Fiber Is Coming, And It's Fast