Cisco made a significant announcement today in its effort to revamp the Internet as we know, launching a new networking router that has the power and the capacity to handle the demands of the next generation Internet. The product is the Cisco CRS-3 Carrier Routing System, which is designed to be the “foundation” of the next-generation Internet, one that can set the pace for video growth. The device promises to more than 12 times the traffic capacity of the closest competing system, with up to 322 terabits per second. How fast is that? The company said it enables the entire printed collection of the Library of Congress to be downloaded in just over one second. OK, that’s fast - but why do we need this sort of speed and capacity? This is less about the Internet that connects Web surfers; This is about the Internet’s backbone - a beefed-up pipeline that exceeds the sort of power that we actually need today, but prepares us for the growth that will come from Internet as it relates to vide...