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Having several gamers in your house would be the only reason I could see needing that kind of speed.
OK, maybe I didn't explain it right, since I didn't mention specific down/up speeds.
it's the frequency band the splitter is rated for, that's why there is usually a range. I don't think cable companies are sending anything over 1ghz.when I worked at comcast the cable modem upstream was in the 500mhz range, downstream cable modem was below that, and tv channels were even lower.
You can get a coaxial splitter from Monoprice rated up to 2400 megahertz(2.4 gigahertz) for $2.31. That's for a 1 in/3 out. Seems like a cheap experiment to see if it offers improvement. Other configurations are available.
I have fios cable and internet - right now my splitters are 1ghz, but I've read i should be using at least 2ghz.