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These are important questions with answers that are all qualified by "your mileage may vary." And they probably will vary quite a lot. So it is hard to meet your request for "precise" answers.
For a start, review a couple of answers to some previous questions:
http://searchnetworking.techtarget.com/ateQuestionNResponse/0,289625,sid7_cid530772_tax293255,00.html
http://searchnetworking.techtarget.com/ateQuestionNResponse/0,289625,sid7_cid519988_tax293255,00.html
Then consider your own network and how it will likely be used, by whom, and when. Then try to apply the answers there to your own context.
Now you might be saying, "Stop being ambiguous and tell me what I get!" I'll make a few predictions but they won't necessarily be your experience. The net effect of this configuration will likely be that, at peak usage periods, a typical user will see
slow-to-very-slow response times
irregular loss (<1%) and large delay variations (100-500 ms)
effective transfer rates of 5-10 Kbps from the Internet
Web page loads that take 30-60 seconds
At other times when there are no other users competing for the link, the performance will be dramatically better. A user might see:
quick response times
no loss, no significant jitter
effective transfer rates of around 250-300 Kbps
Web pages load in a few seconds
I hope this is precise enough for you and the answer "it depends" makes some sort of sense for your network.
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