i use FastTrack (grokster) and even i have cable, i have limited upload speed.
but there are many users uploading just with 2 or 3 kbyte/s and i am downloading with 1 kbyte/s and never anybody complained about this.
i think if you have modem, you should limit to 1 upload and 2 downloads and limit upload speed to 24 kbit/s (3 kbyte/s) if you want to share.
indy
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