Yea, wireless can be 108mbps......
But you can't connect to the internet that fast, it's really useless unless your moving large files in your personal network. Good news though:
Verizon will be putting down fiber optic cables(to those who want it) for internet, TV, phone etc that will have 10Mbps internet. It is in some places already, but it wont be in my area for another year or more