RE: The internet answer... part 2!
That incredible is the EVOs sister phone on Verizon. Great phone!!! The next android update should allow you to use your phone as a wifi hotspot(it will be native to the OS...2.2). Verizon is more protective of their products than Sprint. It will interesting to see how the carriers will "protect" their revenue stream from wifi tethering. Right now, Sprint charges 30 bucks a month for that feature on the EVO(mine is rooted so I don't pay). Right now Motorola has a self destruct feature on their new Droid X that bricks the phone if you try to root it. That is their answer. Anyway, long story short, wifi tethering should be available on your Incredible in the very near future whether you have to pay extra or not.