I do not think it is over priced the following is a cut and paste from fdc forum from Bummer;
1Gbit unmetered Q&A
Q:Is the bandwidth dedicated ?
A: Not it is not. We offer 1Gbit dedicated for $12000/month
Q:Is the bandwidth oversold ?
Q: What can I expect ?
A: 50TB-100TB/month on average for outbound transfer. 300TB/month for inbound
Q: How is it provisioned ?
A: server with 1Gbit ethernet network card connected directly to our core router
Q: What is the service term
A: month to month.
Q: Is IRC allowed
A: Yes it is upon request
Basicaly this service is intended to raise the bar yet again. When we went public with our 100Mbit unmetered service offer 3 years ago there was lot of bashing and flaming and people said we`d go out of business or that the offer is a scam. Now 3 years later we`ve grown from 10 servers to 1200 and market conditions and falling hardware&bandwidth costs allow us to come up with even crazzier deal.
Not everybody needs 1Gbit unmetered connection. This offer is targeting
#1 media streaming customers
#2 online content distribution customers
#3 customers who deal with large data backups
#4 customers who get charged for DDOS with their current host
#5 customers who are looking to get best $$/Mbit ratio on the market
Main advanatages of this package
#1 no contract. We offer even the 1Gbit unmetered accounts on month to month basis. Please note that other companies will require 1 year commitment, hefty deposits and a setup fee
#2 best price per Mbit ratio on the planet
#3 huge data throughput capability which is especially helpfull in dDOS situations