Yep, worked for me as well, finally got a chance to test it...
Widcomm stack on the PC (XP)
With 2 bars at work, Internet connection sharing: speed tests
332kbps down/100kbps up (BT/PAN)
302kbps down/71kbps up (USB)
Kinda suprised that PAN beat USB, but it could just be signal differences
Rerun PAN...
242kbps down/71kbps up (PAN)
Yeah seems like it's just normal EVDO variance
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