He's paying 2-3x market (although 2Gbps isn't huge). Cogent is pretty much bargain-basement, too. I wish the industry would stop quoting prices they way we do

He's paying 2-3x market (although 2Gbps isn't huge). Cogent is pretty much bargain-basement, too. I wish the industry would stop quoting prices they way we do (USD/Mbps, so e.g. $1.20/Mbps); Gbps is probably the right unit now, and it may make more sense to invert. But there are lots of terms involved in a transit contract; unless you're buying tens of gigs, crossconnect, port cost, commit, etc. may be more meaningful than per-Mbps cost. And pricing often depends greatly on exactly where in a city you're buying (at IX, carrier neutral facility, etc. will be cheapest; off net building or monopoly building will be most expensive) -- and of course Cogent transit vs., say, Level(3) transit are only superficially the same.