I'd probably get the new modem. You still should possibly notice a difference and definitely will for streaming movies or uploading over ftp (provided your client and server are both configured to take advantage of the pipe)
One thing to watch is method of connection form say the cable modem to your computer. Is this a wireless router you use? If so depending on equipment and conditions you might not ever see that extra speed until you fix things (or get a new router - such as Wireless-N -- though even Wireless G is enough under good conditions). Likewise for wired connections. There still are people out there who use 10 Mbit/s ethernet adapters. You want 100 Mbit/s (Fast Ethernet) when you have that sort of bandwidth available.
And you're really lucky to have that. Here in the US it is typicalk to have 5Mbit/s Down and 250 Kbit/s Up. And we often pay $60 a month for it and the providers are trying to install low monthly caps so they can charge us more -- ridiculous amounts. You are EXTREMELY fortunate to have that available.
By comparison your connection is TEN TIMES faster in the downlink and 20 times faster for the uplink than mine!
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