> This is by no means going to hurt Comcast.
Well, it could, couldn't it? Satellite internet does have the potential to make regional pseudo-monopolies go away, which means Comcast now has price competition. Even if speeds end up being much lower, it will still be plenty fast for lots of people, and the price will be the determining factor.
At the very least, I think this will force Comcast to lower their prices and/or be better.