Your comment is 100% technically correct, except that people reading it may think that baud means numbers of bits per second. If you have more than 2 possible

Your comment is 100% technically correct, except that people reading it may think that baud means numbers of bits per second. If you have more than 2 possible symbols, you can do much more than that; 256QAM could be getting 8 bits/second/Hz under very strong signal conditions.