Fiber To The Home, Fiber To The Premises -- gets a huge amount of buzz in some trade rags I read. I'm wondering is anyone has any experience with it, or insights?

As one example, Verizon is (supposedly) spending one billion $US in the next 12 months (and another 2 billion the following 12 months) laying fiber cable in neighborhoods all over their local service areas, mostly the Northeast. Verizon seems hell-bent on turning themselves into an all purpose content provider (to compete with Comcast), with super-fast fiber optics to homes as the backbone of the whole process. I can see Verizon making fiber work as a competing product to Comcast HSI, but changing into a content provider is a big stretch in my opinion.