No, you shouldn't be raped at bill time, nor should your service be cancelled.
I used my old 6700 on the $15 plan as a modem for my laptop during my split shift break at my old job. 2 hours a day, 4 days a week for about a months time. No change in my bill. I was even worried and called them to be sure and they said that if it was going through the phone, it was fine.
If you're using it for your computer and are connected non-stop, maybe it'll finally cause problems, but I doubt it. Remember you can't get calls during that time though
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