The AP reported today that MagicJack recently became the fastest-growing phone company in the United States. And we thought that only Fred and Patrick were up at 4am to watch those super, high-quality infomercials.

The parent company, YMax Corp out of Palm Beach, Florida, released sales figures showing 8 – 9000 sales per day. The MagicJack device sells for just under 40 dollars and includes a year of free calls within the United States and Canada. An additional year of phone “service” costs an additional $19.95.

Why put service in quotes? Right now, you are unable to transfer your existing number to magicjack; and according to their website, there will be a nominal fee when LNP becomes available.

With a device that requires connection to your home computer to both make and receive phone calls, this service truly has differences with “traditional” VoIP telephone providers such as Vonage, Voip.com, and Packet8. But, at $40 for a year of service, will anyone care? If you care to read more, Michael Graves has a nice little post about Magic Jack on his blog.