Flash In The Pan?

Cisco released the news they have a new monster router coming out shortly.

Cisco’s CRS-3 carrier-grade router can deliver up to 322 terabits per second — which means it could enable delivery of every movie ever made in just 4 seconds. It’s that kind of capacity that will form the foundation of the next-generation Internet, said Cisco CEO John Chambers

Is this a flash in the pan or will it really increase bandwidth?