Russell Shaw is a specialist in mobile computing, telephony, networking and covers these fields regularly for numerous print and online publications. Russ writes the popular IP Telephony blog on ZDNet and contributes regularly to The Industry Standard blog as well. Author of seven books, Russ' latest book is Wireless Networking Made Easy.
John Yunker is president of Byte Level Research. He closely tracks emerging wireless technologies and their impact on consumers and carriers alike. Over the years he has written a number of major reports on technologies such as Wi-Fi, WiMAX and cellular technologies.
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Computerworld recently conducted field testing of AT&T Wirelees' EDGE and UMTS networks. EDGE is available nationwide while UMTS is only live in six cities. Here are the speeds they saw overall:

ComputerWorld compared the UMTS speeds to DSL, which I would say is a stretch. I suspect the favorable UMTS speeds were in no small part due to the low uptake overall. And I would say the same thing about the high rates seen by early testers (myself included) of Verizon Wireless' EV-DO network. Still, EV-DO on a bad day is going to be faster that UMTS on an average day.
In the end, these numbers are just that, numbers. Everything hinges on what type of application you're trying to support. If all you're doing is basic Google searching (which consumes very little data), you should have a pleasant experience. Video streaming is going to be a bit more challenging.