Billshrink.com, a site that helps consumers find ways to save on their cell phone bills, filed its comment on Tuesday.

“The plans are complicated,” said Billshrink president and co-founder Schwark Satyavolu, “and there’s no way for consumers to stay on top of that.”

Billshrink said in its statement that the average cellphone subscriber overspends by $300 a year. It continued, saying that it had found $800 million in potential cell savings in the past five months.

Billshrink calls for more transparent billing, including clearer information about contract termination and coverage, as well as better information on how to modify existing contracts.

Considering that CNET has a five-part article on how to understand your cell phone bill, we’d say that maybe Billshrink has a point. Then again, the very existence of a service like Billshrink kinda proves its own point.

The entire interview (MP3 link) clocks in at 55 minutes, and the Times was nice enough to split it up by topic. But if you don’t have that kind of time, here’s the highlights:

• He calls the DTV transition, “largely a success,” despite a few lingering issues.
• Says that the FCC will do a review of media ownership and consolidation next year.
• Says he’s trying to institute a “culture of excellence” at the FCC.
• Confirms that net neutrality will apply to both wired and wireless networks, but there will be differences due to technical reasons.
• Restates that “we need more spectrum,” for wireless broadband.
• On applying decency rules to mediums other than broadcast television and radio: “The FCC shouldn’t enter the content world lightly, and the FCC should understand that it’s a government agency very much bound by the First Amendment.”
• Calls for greater transparency in cellular billing.
• Called AT&T’s change of heart on VoIP over 3G, a “very welcome development.”

"I believe that the biggest threat to the future of mobile in America is the looming spectrum crisis," Genachowski said.

Plans for the MBA include loosening regulations to ensure faster cell tower construction, freeing up more of the radio spectrum for wireless data, fact-based decision making, and applying net neutrality regulations to wireless carriers.

And if Genachowski’s prediction of 400 petabytes of monthly wireless bandwidth usage by 2013 is accurate, there may well be an oncoming crisis. Just one petabyte is equivalent to 1,048,576 gigabytes, or 1,024 terabytes. To put it more simply, 400 petabytes would be the size of at least 44,62,000 DVDs.

One of Genachowski’s ideas to stem the crisis is “shot clock” reform that would dramatically cut the time communities would have to protest new tower construction.

Ideally, this would speed up the deployment of new towers. Combined with additional cellular airspace, the rollout of next-generation 4G wireless broadband networks would be on track to handle the massive influx of data.

But assuming Genachowski can enact his agenda, would it even be enough?