Last week Cisco Systems made a big product announcement that the networking giant said would change the Internet forever. What could it be? Well it was a big router, a really big router that would allow more bits than ever to flow over the world’s fiber backbones. And the market yawned, because bits are a commodity and it is hard to tell a million bushels of wheat in a pile from two million bushels of wheat. And Cisco’s enterprise customers — its biggest business customers — have plenty of bandwidth already, thanks.

Well that’s the entire point: corporations, where T1‘s still dominate, use less bandwidth per person than we do at our house, […]