Asterisk may or may not fit your purpose, I think that if you only want to call US/Canada/Asia, your best bet is a packet 8 DTA with unlimited calls to some asian countries for 50$, to which, you route a 1800 number through a 1800 number provider. Alternatively, for the 800 number, you can use Nufone's iax termination. or voicepulse with maybe digium hardware or sip phones... all depending on your needs

1)  Am I correct to assume that there is a way to dump Verizon and strictly
go VOIP in a SOHO situation?

2) Can 1-800 numbers terminate to a VOIP assigned number?

3) With VOIP am I under the assumption that one must also purchase licenses
for such service to work.

4) Who are the companies I can purchase VOIP service from?  I need numbers
in my local area code, plus I need some kind of unlimited VOIP service Asia
- mainly to Taiwan.

5) Am I being unrealistic in my savings by implementing an Asterisk * PBX in
our SOHO situation.

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