That's the FUD talking. I use Internet video everyday with Fancast, Hulu,, Netflix kids with online games, YouTube and Slingbox. Never come close to caps. The world will end with CAPs is just plain rhetoric.
I agree with much of what he said but it does miss one important fact. In the states were there are many different providers this is quite likely to happen but thats just the states. In say Canada where we truly only have two providers this isn't likely to happen. They work together rather then compete to keep ripping off the buyers and it had remained this way from the beginning.
For a health market with fair usage to emerge competition is needed and using Canada as a example this simply does not exist in a lot of places. Tell this changes people wont get a fair deal.