Nortel set to launch faster network technology

Credit: http://www.reuters.com/article/rbssTechMediaTelecomNews/idUSN1159883720080311

"Nortel, North America's biggest maker of telephone equipment, will announce on Wednesday that it will offer an optical technology that delivers speeds of 40 gigabits per second (Gbps) -- about four times as much as today's high-end networking speeds."

Yes! Give me more speed... With hard drive capacities going into terabyte territory and Verizon offering FIOS optical fiber internet networks in select few places, sign me up for one of these quadruple internet networks... I am pretty sure thee days we don't actually need such speeds if you consider the costs on one of these future networks. But I believe there was a world record that hit 10TB capacity. Let me look for that article...

I think somewhere down the line, maybe 50 years, when we have games or software that require 1TB of space and we have 1 Petabyte hard drives and network adapters (wired or wireless) in the Tbps range will the actually consumer be able to utilize these speeds. For now such networks would definitely benefit businesses that could benefit from super-fast data transmission, like Wal-Mart's Satelite Process Improvement system.