I had the same unfair advantage, but I think to a lesser degree. I noticed quickly but not immediately, which is to say not quickly enough.
On the object level, I think there are possible legislative purposes that would justify the change (as instrumental to those purposes), but my strong suspicion is that the FCC is wrong. I fear that 'broadband' effectively means 'above baseline speed', which actually would make it reasonable to tell the ISPs to change what speed they advertise as 'broadband', but would turn the mandate to give everyone broadband into a Lake Wobegon/Kafka crossover.
If by broadband they mean "above baseline speed", then clearly giving everyone broadband is impossible.
This post was originally a link post to
http://arstechnica.com/business/2015/01/fcc-chairman-mocks-industry-claims-that-customers-dont-need-faster-internet/
together with an instruction to read the article before proceeding, and then the following text rot13'd:
As you can see from the comments here, it didn't work very well.
I'm mostly editing this now because the apparent outrage-bait link in the discussion section was a bit of a nuisance, but I'll take the chance to list what I've learned: