In a decent reception area of my house I just got 1Mbit down, 88kbit up, but flatmate got 1mbit both ways 60 seconds later. I tried again and got 1Mbit down, 700kbit up. We both have galaxy s2's but I have a different radio. I will have to test in town tomorrow as I recall getting several Mbit in the past as well.
(Sidenote: I notice they started digging up the strand to put in UFB fibre.)