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At those speeds, you'd likely outpace any site you connected to.

I wonder how heavily oversold this bandwidth is?

This is a great idea! They've invested $$$ into their network. Why not sell the extra capacity for some extra price?

Not like AT&T, which has had BPON since ages ago, yet they've never provisioned any of it with anything remotely close to 100Mbps, until Google went to Texas.