Mb/s
"As for the monthly cap, that is a problem as its easy to use 100's of MB's watching streaming videos, but that's more about the phone companies marketing plans and willingness to squeeze more money out of people."
Yep Yep. As long as the cap is horrendously low, any gain in Mb/s is rather a moot point. I could advertise as 100Mb/s and stick my cap at 2GB, which would be gone in 160 seconds running at my advertised rate. Even running at 10Mb/s (note that's still "megabits"), which is a very decent "hi-def" video stream, would be gone in just under 27 minutes. Hit your cap just before you finish watching that hi-def stream of your favorite sitcom? We can scale that back even further to 1Mb/s streaming (reasonable res for 720p, right?). 4.4 hrs and it's gone. Sorry, I won't be watching Netflix on the commuter to work. Would run out within a week.
Remove the caps from wireless devices. They don't have 2TB of storage to download the world with. Impose throttling on tethered devices if you must, but this cap stuff is BS (that's "blood-sucking" too....especially when applied to corporate policies).