charper1 said:
...I mean after 10 Mbps down does it really matter anymore? ....
I laugh when I read this.
And 640K is all the RAM your PC will ever need also. And 650MB on a CDROM is plenty of space.
As already mentioned there are a few "killer" apps that Verizon is looking at: HD Video-on-Demand. Even using MPEG4, it will require at least 5Mbs-7Mbs PER STREAM.
But there are other services that are on the "horizon". One killer feature of the FIOS network is not just the DOWNLOAD speed, but the very respectable UPLOAD speeds. We will start seeing people hosting their own private movie servers in their home: Let grandma watch the video you shot of your kids by directly hitting your home server. Video conferencing is going to start becoming more and more common in ALL the chat software. Interactive High quality video GAMES ala XBOX 2. That 10mbs is going to get eaten up quite quickly.
It should also be noted that the speeds that they are rolling out are the INITIAL speeds of the FIOS network. But the network experts have already figured out how to increase these bandwidths by multiples of 10x-100x, all by using existing fiber installations (just swap the equipment at both ends - use the same cable). The CABLE installation is the most expensive part. So as the higher speed networking equipment prices start to fall, expect to see download speeds of 150Mbs in is little as 7-10 years from now, with only incremental costs after the initial investment. So their PRIMARY cost is in this initial roll out. The effective "bandwidth speed limit" of a fiber cable is still UNKNOWN, as Fiber communication guys are figuring out how to squeeze ever increasing amounts of bandwidth on the same cables that were laid down 20 years ago. That's because most network equipment is replaced about every 5-7 years. And the replacement equipment will just offer the higher speeds for the same price as the current equipment (and probably for less money).
So its quite a bold move on Verizon's part. And could be the first real challenge to Cable. While MANY cable companies have fiber backbones, they still use Coax as the last leg into the house. And they are bogged down in regulations. They have federal regulations, state regulations, and local city regulations that require a certain amount of backward compatibility. That means that cable companies find it much harder and more expensive to achieve the kind of network that Verizon will be rolling out today, and leap frogging all of those problems.