There is a problem that i belive has not been mentioned here:
Even if you have 10 MB/s (note the big B), it wont help you if the people you play with have bad connections.
Also, its very well known that servers have a max capacity, so the games can become unplayable even with perfect scenarios.
By making this sort of statement, i belive crytek is just testing the waters to see what people would react to it.
However, if they didnt know already the answer to this, only shows how badly informed they are about what their consumers want.
This can be extrapolated to their games, clearly loosing some fans with crysis 2 and 3.
Crysis 1 was a winning formula, and it would be easy to focus on doing a crysis 2 the same way as the first (can you even imagine a crysis 2 with crysis 1 open word in new york?, a game where you can go any way you want and go into buildings, under them, above them, destroy them and walk throu the rubble...), Crytek would have covered themseves in gold.
That however required the power of a PC, so maybe, just maybe, we can see this now as Consoles have managed to close the distance enought to gaming PCs.
I sure hope so, or ill have to leave gaming behind... and its a dark sad world out there...