New Gig upgrade has 1TB data limit?

Cox has recently upgraded my area to 1 gig.  When I started to sign up I noticed that there is a 1 TB data cap.

I'm going to try to be nice but does anybody else beside me consider a 1 GB connection with a 1 TB data cap nothing short of ludicrous at best and extortionist at worst?

So the intro price is $119 + $10 modem rental (required) + $50 unlimited data = $180 plus taxes and other fees.  I would love to have the service but I refuse to be taken advantage of by their exorbitant/greedy pricing.