UPDATE: Recently went ahead and purchased the $500.00 static IP address from Verizon for my wireless modem. Works great. What you are really purchasing is a "unrestricted IP WAN address. Allows for pc to pc network activity which also allows for things like viewing video security cameras remotely to your site where the Verizon Wireless modem or router is located. The good news is that any other wireless modems you have on that same account will qualify for an unrestricted static IP address as well at no extra charge.