You are correct. My employer created a pre-DOCSIS 3.0 device that allows 100+ MB/s download speeds, and the first deployments were Korean. The average Korean Broadband connection is in the $20-30 monthly range, and provides connection speeds that would stagger the rest of us.

The iPhone - I'm going to do what I always do - wait for the 2nd generation to come out. Cheaper, and with fewer bugs.