More or less. Virgin Mobile is a no contract provider, you pre-pay for each month of service as you go. All the plans are unlimited (~5gigs) data/ unlimited texts - $60 gets you unlimited voice, $25 gets you 300 minutes, and there is something in the middle at $40/mo. The $25/mo is the best US deal for a capable android phone that I know of. You do need to pick from these plans though, you can't use their x cents a minute pay as you use it plan afaik.

EDIT: Link to the thread (thanks georgie) about it being $129 w/ $20 gift card at target. Damn good deal, note the one I played with worked fine over wifi before it was activated with VM. Sale started yesterday: http://slickdeals.net/forums/showthread.php?sduid=0&t=27...

As I understand it, the cheapest plan is $25/mo with unlimited data, 300 minutes voice, and no contract.

Edit: also, I saw on Slickdeals.net that Target is/was selling them for $129 and you get a $20 gift card.