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12 Megabit which is what the providers go by upsteam is a buttload for a home network.
It is 12288 kilobits/1536 kilobytes/1.5 megabytes per second
8Mbit or megabit I'm guessing again is
8192 kilobits/1024 kilobytes/1 megabytes per second
My dsl 3megbit connection download / 768k upload
should be 384 kilobytes per second download
and 96 kilobytes per second upload.
Actual is more like 350 kilobytes down and 90 kilobytes up.
But see more