I'd love to tether, but don't because my carrier (AT&T) won't enable it for a single device, only for all accounts on my family plan. My family could easily (even innocently) use up our monthly data allotment in a day.
Also, how can you limit data usage while tethering? Can a device tell if it's tethered, or does it just assume it has a normal wifi connection? Do you need to turn off automatic updates on laptops?