Yes, the $12 per month includes Mobile Access with iPhone, 2GB for my email, (PST) and Outlook Web Access. Pushed email is instantaneous. I do have my own domain but you can choose to keep your existing email addy and just utilize the benefits of having Exchange. Actually, that is how my wife uses Mailstreet. Setup is a snap, tech support is available via phone or chat. I think they allow you to trial them for 30 day's. You have to pony up the 1st month $$$ but if you decide not to use them you get the $$$ back. I highly recommend them.
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