That's right. Geo will typically be around 600ms. The speed metric is incorrect/misleading as well. Both Hughes and ViaSat offer multiple speed plans that are vastly different. You can't simply take an average, or your speed isn't representative of what the service could do. Of course, satellite internet will pack a lot of users in there to fill up the satellite. I don't be naive about that, SpaceX will do the exact same thing.