I forgot that you guys use kibibit. In the U.S. we only use kilobyte and kilobit.
For us:
If someone says kB or KB then that's kilobyte. kb or Kb is kilobit.
I have a 8Mbps connection here and it's 976.6 kilobytes a second, which is exactly 8,000,000 bits per second., rather than the slightly faster 8x2^20 which is what it would be in europe.
Even if you guys use kibibit, 1024 bytes should still be a kilobyte though. All the programs I use (uTorrent, etc) report in kilobytes per second, so that's what I use for measurements.