While we're all celebrating Charter's 60Mbps broadband access here in the US, the Korea Communications Commission is spending $24 billion to secure 1Gbps access by 2012.
1Gbps allows you to download a 120-minute film in 12 seconds.
There's one small catch to the commission's plan, which is that only large cities in Korea will have access to the top tier broadband. But surrounding smaller areas will still have access to 50 to 100 Mbps speeds...or about 10 to 20 times the speed of what I get in my DSL-only apartment building.
In the words of Matt Buchanan, "That and bibimbap? Man I hate Korea." [Fareastgizmos]