Cardsharing uses very little data so I wouldn't worry about your bandwidth allowance getting eaten up. Depending on how good your 3G service is will determine whether it's actually watchable. A lot of people have said it's fine but my Three dongle was terrible and key exchanges are time critical so any drop in signal could manifest as a glitch or freeze on your screen.
I'm also not sure an iPhone connection can be shared like that with a wireless bridge. I'm not an expert on phones so I'm sure someone will clarify soon. I would have imagined the best option would be a laptop, as you can create an ad-hoc network to your phone and share the net connection using a jailbreak cydia app.



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screw you nag3 

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