After revealing that it was cutting off free networks a few weeks ago, Ning has finally announced its new pricing model, which kicks off in July.

Bottom Line: It’ll now cost you $200 a year to host a basic network on their service under the “Ning Plus” name. The cheaper version — at $20 a year — caps off members at 150, so is not useful for any serious community.

But even the $200 version is limited to 10 GB of storage, or “about 5,000 uploaded photos.”

The higher-end version goes for $500, but the storage only bumps up to “20 GB + upgrade.” It’s unclear what +upgrade means, but I suspect it will be a metering program, which will ding you for storage costs above 20 GB.

And if this is an offer you can refuse?

“When we launch the new pricing plans in July, we will add an automated content export option to the manage page of each Ning Network. You will have 30 days after the launch to choose one of the three new plans or export your content.”

Ning is using the Atom syndicated format but doesn’t provide any information on the level of detail you’ll be able to export.