MoCA announces 270Mbps over coax

We hit you up yesterday with news of the Coaxsys tech, known as TVnet 2X, that allows for 200Mbps networking over standard coax cables. Well apparently they're not the only game in town with some CES magic to flaunt, since the Multimedia over Coax Alliance (MoCA for short), complete with membership of Linksys, Motorola, and Panasonic, is announcing their own standard that bumps it up to 270Mbps, fool. They've apparently tested the tech with 3 HD video signals, 8 SD video signals, and two network gaming connections, all simultaneously, pumping a nice 94Mbps over 8 nodes. Sounds like we're in for a sweet CES showdown.