[mcnamaratw]

Some people working in optics say it works "at the speed of light." That's true of course ... but the speed is no different from using copper.

Unfortunately something like 0.7c is about the fastest speed of EM wave propagation in an optical waveguide or along a copper waveguide. Another comment here gives a slightly faster example with n=1.3, which is maybe achievable in some kind of polymer. Or in highly purified water, for what it's worth.

You can get a mild speedup, 40% or something, by moving to free space. But that is an unbelievable can of worms, taking all the signals out of the waveguides and somehow still getting 1B signals going to the right place. The 40% speedup doesn't remotely pay for giving up solid state waveguides.

"Dispersive" fortunately doesn't mean a meaningful slowdown. It just means that a transmitted bit will travel at a range of slightly different speeds. If it goes very far, the shape of the pulse will get messed up. But that's a problem people are already pretty good at solving.