I ran the Island’s first webserver at the end of a 14.4 Kbps modem. It worked just fine. Although it took about 24 hours to download a CD-ROM’s worth of data over that line, it was more than enough for the traffic of that day (circa 1994). If memory serves, the PEI Crafts Council paid PEINet about $350/month for that connection.
Fast forward to the present: Island Tel or Eastlink will now sell me 1 Mbps (that’s one million bits per second, 71 times faster than a 14.4 modem) for half that price.
Sometimes, if you’re not watching the ball, orders of magnitiude can change and you don’t notice. Amazing.