Just bought, am I getting a fair deal? Apex/Honeywell/Monitronics

["Danny Kewl" <bwana1SPAMMENOTREMOVE@xxxxxxxxx>]

Hi, I just bought a Apex/Honeywell/Monitronics alarm system last Thursday
evening (5/19/05) from a door to door salesperson. I believe Apex is the
middleman selling the systems. The alarm system was installed that evening
also. I just bought my house about a year ago, and it already had a control
panel for an ADT system, but I never had it connected to a monitoring
service. I took them up on their offer, as I was meaning to get some kind of
security system going here, and kept procrastinating, and felt if I didn't
go for it, I'd procrastinate more and never get a system going, and be
unprotected in a Cleveland, Ohio neighborhood that's just starting to become
a little rough.

What they said is they install free equipment, based on a point system, and
I'm allowed 6 points, each item chosen worth one point. I have a small
bungalow style house, so I got one wireless glass breakage detector (was
told it will detect to a 25 foot plus radius), one wireless motion detector,
one wireless smoke alarm, and there were already two door sensors from the
last system that they counted as one point each I believe (front door and
side door), and a key fob for a point. I was told 6 points were worth about
seven or eight hundred dollars of equipment that they installed free, but
looking at this now, I already had the two door sensors. I was told window
sensors were unnecessary as I just had new vinyl replacement windows
installed a month ago, and was told on the newer ones, they are impossible
to open from the outside without breaking the glass, which the breakage
detector would pick up.

I don't have traditional wired landline phone service, I use only my cell
phone always. They told me I would have to use their cellular back-up
network in this case, which is $42.99 a month, $3 more than if I used their
landline service. I tried searching the Net to see if I am getting a good,
or at least a fair deal. My contract is for three years. I could not find
anything that lists what companies charge for monitoring, however I know I'm
probably at a disadvantage with some companies not having a landline. All
the sites want you to sign up first, I'm sure that's the way it would work
with calling them also. I did find a site just now (
http://www.policealarm.com/ ) that says they monitor starting $2.95 a month,
but my old control box, etc. has been taken out and the Monitronics
installed, plus a new box in the basement, whatever that is, with all the
wires, etc.

I signed up Thursday evening about 7 PM EST, and since the weekend was
coming up, the salesperson told me I had 5 days to change my mind and cancel
the contract instead of the usual 3 days. This is about up, and I don't want
to cancel a good deal if I do have one, and have to start from scratch
looking for a security provider, etc. and maybe, again, never get it done.
On the other hand, if it does not sound like a good/fair deal what I got,
what are my options to negotiate? Thanks much in advance.