I HATE the bit rating for cds, disks, bandwidth, etc. I always convert everything to bytes, and my 4500 kb/s is = to 36 mbps. In any event, load times like this aren\'t going to effect games much, they have HDDs, and lots of RAM for caching any necessary data. Load times should be almost a thing of the past in this generation, at least once you are in game.
As for needing \'more\' than 36 mbps/4500kbps necessary for HDTV, you have to remember that they are compressing such signals these days. The max of 5000kbps video rate is rarely reached, and every blue-ray player and unit will be able to read at higher than 1x for at least short times, or have sufficient cache to catch up after such a burst.
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Besides the obvious reason for having larger capacity (easy uncompressed high res cutscenes, intros, FMV), you can also put on high-res textures, larger and more numerous areas and worlds. If there\'s one thing that seems true it\'s that information expands to fill whatever media is cheaply available. I have no doubt there will be a lot of 70% empty disks coming out for a while, especially in games with no FMV functions, but I can see the fact that they can tell companies that this will (for a time at least) eliminate piracy, and cost them only slightly more than DVD disks (not like cartridges which cost dollars vs cents) will be a selling feature..