[heresy]

That's somewhat reasonable, but ISPs are not reasonable. They cannot say no to the free money from overage charges, and the rate-limiting "solution" lets them defer infrastructure spending almost indefinitely.

It hardly ever works out in a reasonable manner.

I've lived in 3 countries with traffic caps, and it almost always ended in tears, and made me rather bitter about the whole thing.

I still have a copy of my $900 internet bill somewhere.

And rate-limiting would be great if it was to something reasonable like oh, I don't know, minimum 512/1024Kbps? Surfing at dialup speeds is virtually impossible for a household in this day and age, and that's what the majority of them drop you down to.

Great, "20MBps" internet. That you can use for 5 days, and then its 64Kbps for the rest of the month, sucker.