Several carriers and in-flight WiFi companies are promoting their “Internet in a plane” service. Even Google is getting onboard (pun intended) by sponsoring free WiFi over the holiday travel season within airports and has inked a deal with Virgin American to provide free WiFi on their flights. Of course, Google has deep pockets and makes money when people use the Internet. The deal has the added benefit that they get to advertise with new Chrome browser. But besides Google, can anyone really afford in-flight WiFi?

As reported by Portolio.com, it costs between $100K to $250K to equip just one plane with the equipment needed for in-flight WiFi. To equip an entire airline of hundreds of planes requires more upfront cash than these in-flight WiFi startup companies have and can possibly raise. (Brother, can you spare a quarter billion?)

The biggest problem is that users have been conditioned to expect the Internet for free. (I often joke that “Internet” is Latin for free.) They don’t even want to pay $1 for this service. And even if they would pay $10 per session, a huge sum for most bargain travelers, it would require 10k to 25k customers on a single plane just to pay for the equipment costs for that plane. This does not even include the cost of maintaining the system over time.

It will require years just to get the upfront costs back. How can these in-flight WiFi companies really afford this? But more importantly, is this just too soon for this service? Should we wait for equipment costs to come down more as users become more connected? I am sure that there are other ways to invest this quarter billion that can get a higher and faster return for their investors and a better social return for the world.

So I was just going to write about the latest job cuts at Continental today. Combined with the retirement of older jets at Continental and other airlines, there are 10% fewer airline seats available. With more of the same, the airlines may be able to right themselves, but rough times are still ahead.

I was going to leave the blogging to this story until I read about the latest tech CEO to tumble from options backdating. But this is even juicier than the standard financial scandal. Henry Nicholas, CEO of Broadcom, is being charged with 25 counts including drug possession. Turns out that the underground rumpus room for drugs and hookers that he was having built onto to his house is old news. The only real problem that anyone had with it was that he was refusing to pay the builders. Well, his wife did have a problem with it when she caught him and a hooker there.

Nicholas might have gotten away with it if he had not gone all Type A over it. The key to a secret sex room is not to announce it to the world.