Starts on June 6th. Verizon is still serious about staying competitive in the prepaid market. We get an extra GB at $40, 2 extra GB at $50, and the 10 GB plan becomes $10 cheaper. Still able to have Carry Over data when your account stays current and you are on auto pay. You do keep Mobile Hotspot BUT you lose the HD video streaming. Streams at 480p instead. Not sure how this affects those with plans on WalMart sim cards but really good news for those who didn't or weren't unable to replicate that deal.
Added thanks to SlickLulz: Get a $100 bill credit (after 2nd payment) when porting number to Verizon Prepaid
Edit: Video streaming IS downgraded from HD to 480p, similar to their Unlimited prepaid plan.