Still seems a little complicated and not fleshed out. But if you want to try it out this should help.
Tutorial: Turn Your iPhone Into a Wireless Modem
Here at Wired.com a few of us were excited about turning our iPhones into wireless modems with the $10 NetShare application -- but none of us could get it to work. Fortunately, we got our connections up and running with some help straight from NetShare's maker, Nullriver. So we've created a step-by-step tutorial in case you're stuck, too.
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