Ohhh... wow I didn't know that. So if I upgrade to 16 mbps, then i should be able to download at 2 mbps right?
Yes, depending on where you are downloading from. You are not just limited by your connection but how fast the other computer can send data over to you. Just don't use mbps for both terms, MBytes / second is written as MBps (note the capital B), MBites is mbps. Your ISP gives you a bandwidth in mbps, your donwload speed will show up as MBps, which is 1/8th of that.