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Yes and you've discovered the caveat. Hopefully just having the unlocked phone will rid you from the annoyance. Some demo versions of the AT&T version don't show tethering and if you go through the manual for that phone it says that you can't have tethering if you have an unlimited plan. That doesn't sound right with the big plan that's available that includes 10GB. This was a big enough issue for me that I went to the AT&T store to have them check my account. I'm still on a metered plan so they are quite happy to let me go over. I don't know what technology they can use "on the wire" so instead they are using some software to check your but that's why we're buying the unlocked phones. What I can tell you is that I picked my phone up today and it works as it should. I think you'll be OK but can't be sure yet.
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