Mmm... we like where this is headed. While legacy airlines in America are struggling to outfit their fleets with in-flight WiFi alone, Hong Kong's Cathay Pacific Airways is showing 'em how it's done. The airline has just inked a memorandum of understanding with Panasonic Avionics for the "provision of full broadband connectivity on all Cathay Pacific and Dragonair passenger aircraft." Yeah, you read that correctly -- by early 2012, Cathay will make 50Mbps internet service, in-flight GSM cellphone service (voice, SMS and data) as well as live and pay-per-view television available to every last passenger. The finer details are still being hammered out, and we aren't told whether every single bird in its fleet will be online from Day 1, but we're still as giddy as ever for this to become a reality. Here's hoping this pushes those other airlines into getting with the program, and at the very least, it ought to give you plenty of reason to take that Asian vacation you've been putting off.