David,
Before you go using the AOL/GTE test as fact, I suggest you start tracing the discussion about that test from folks who have technical credence in such matters, like this:
Message 10111888
If you follow this link, and use it to read the discussions about this issue, as well as other posts from that gentleman, you may not be quite so confident in your assertions. It appears as if the "test" took place in essentially pristine laboratory conditions, especially in terms of installing the "small" router to achieve the desired goals. This is hardly what I would be hanging my hat on.
That said, the FCC statements will have minimal impact on AOL's stock, if any at all. AOL will still continue to dominate the dial-up ISP sector, as well as continue to expand their commerce and content offerings. If AOL continues to execute in the fashion that they have, even without "Open Access", loyal customers will still flock to them.
"Open Access" is a moot point for quite a while--we need widely-distributed broadband first, right?
G
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