I’ve been a Linode customer for at least 5 years, and yes, I’ve used a large percentage of that cap on a few occasions. It’s real, if that’s what you’re implying. I use them over other options because their value and simplicity are outstanding.
Similarly with Hetzner, they give you 3 TB with their 2.5 € VMs and let you use it.
Unfortunately I've noticed that their "unmetered pipe" offering is quite a downgrade, as it's only 10 Mbit.
EDIT: Sorry, I'm wrong. All dedicated servers have 1 Gbit unlimited uplinks. I'm not sure why I keep getting confused on this point, their support has confirmed this fact many times to me.