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That's already a real thing and it doesn't require any higher bandwidth than even conventional cable/dsl provides.

What if you want to steam high quality P2P video ( ≥720p )?

x264, 10mbps or less, there's no need for 100mbps or more for such things.

what if you have a video conference with 8 participants each at 720p?

For some reason this comment put thoughts into my head of people having multiple large screens positioned around their house instead of windows.

You could have beautiful HD panoramic views from around the world in your cheap wall-facing apartment. Of course the technology would need to come down in price but we all know how quickly that tends to happen.

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