7.6 Mb/s in November
The commerce commission has given Ihug and callplus a determination similiar to the telstra-clear one of Dec 2005 (which they dropped after legal action from Telecom for an inferior negotiated package).
No constraint has been placed on download speeds so 7.6 Mb/s will be available in 18 weeks, or in November. You will need to live close to an exchange to get this though.
The wholesale price of $28.04 a month is higher than I expected though, so too early to predict what effect this may have on retail prices.