I can confirm that. I had known about, and used, AnchorFree before. They probably do have a 10GE trunk (to a lowish-end provider, XO) but the software is absolutely free and ad-supported.
VPN4Life, however, was likewise very quick to refund my $29, so no harm done. Just made me remember how good AnchorFree's VPN is, though I don't like ads built into my web surfing.