Any benefit to combining Family plan through AOL prior to upgrading phones?

My wife and I are looking at upgrading to the new iphones. We are both eligible, and are not grandfathered into unlimited data. We currently are the only 2 people on our family plan, but also are talking with other family members about combining their lines with ours through AOL (acceptance of liability).
My question is:
Is there any reason we need to figure out the AOL combinations *prior* to us ordering our iphones?
From the limited amount of time I've read on the AOL option tonight, it seems that when you bring in different lines from different family plans together into 1 combined plan, that each line retains its own original contract expiration/upgrade elibility date. Is that correct?
If we upgrade our phones then:
A) bring other family members (currently locked into their own 2 yr contract) into OUR plan
OR
B) have our family members (currently locked into their own 2 yr contract) bring us into THEIR plan
Either way, do we have to figure out A vs. B prior to the wifey and I just ordering the iphones while it's still just the 2 of us on our family plan?
Much thanks in advance!

Ok, well shoot. Ordered last night as got too excited and couldn't think of any issues.
Guess we're limited then to option A I mentioned earlier. (Keeping our existing account, and bringing in others family members' lines to our account -- would affect their warranty then I take it).

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