Pretty much. I'm as annoyed as anyone, I just don't think Virgin is going to suffer from saying it's greater than 1gbit. Hell, most of us here lamenting the lack of a 2.5G+ port don't even have the networking equipment to handle it anyway.
I've got a 10Gbit port on my motherboard, but no way to use it even internally on my own LAN. The cost of entry is just too high