That is, unless we can somehow lose our humanity in the process. But then, we're no longer being augmented. We're being replaced.
The happy medium we will obtain will be replacing the video, audio, touch input and keyboards with mental equivalents. Therefore, one's 'bandwidth' to the computer/network will still necessarily be limited to that of an observer of the compute functions of the computer rather than one who has integrated their mind and consciousness with the computer.
One of the most treasured features of these systems will be the off button. And a sizeable subset of the populace will run primarily in offline-mode but with regular access to some huge local data trove curated from online data.