It was hardly a secret 'round these parts, but Verizon Wireless is finally ready to confess to that MiFi 2200 Intelligent Mobile Hotspot we've heard so much about. Like the Novatel unit it's based on, the device harbors 802.11b/g and EV-DO Rev. A radios, and can share a 3G Verizon connection with up to five different WiFi devices simultaneously. Battery life is pegged at four hours of active use, and 40 hours of standby on a single charge. Data plans include a $40 monthly subscription for 250MB and 10 cents per MB overages, or $60 for 5GB and half the overages price. If you want to forgo the subscription and pay full-price for the MiFi, you can pick up a 24 hour "DayPass" for $15 -- any way you slice it, you'll be paying good money for the privilege of using the thing. The MiFi 2200 itself hits stores May 17th, and will run you $100 after a $50 rebate.
*Verizon is currently in the process of acquiring AOL, Engadget's parent company. However, Engadget maintains full editorial control, and Verizon will have to pry it from our cold, dead hands.