Has anyone tried the internet service from Wireless Nomad?

Billed as a co-op internet service provider owned and operated by its members, Wireless Nomad offers a $29.95 per month plan that includes WiFi (available in limited areas of the city). On paper, it seems like a decent rate given that you'd pay Rogers or Bell about $44 just for the broadband, although the $150 modem deposit is a bit steep.