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Morality of Throttling a Local ISP? 640

An anonymous reader writes "I work for a small (400 customers) local cable ISP. For the company, the ISP is only a small side business, so my whole line of expertise lies in other areas, but since I know the most about Linux and networking I've been stuck into the role of part-time sysadmin. In examining our backbone and customer base I've found out that we are oversubscribed around 70:1 between our customers' bandwidth and our pipe. I've gone to the boss and showed him the bandwidth graphs of us sitting up against the limit for the better part of the day, and instead of purchasing more bandwidth, he has asked me to start implementing traffic shaping and packet inspection against P2P users and other types of large downloaders. Because this is in a certain limited market, the customers really only have the choice between my ISP and dial-up. I'm struggling with the desire to give the customers I'm administering the best experience, and the desire to do what my boss wants. In my situation, what would you do?"

Every cloud has a silver lining; you should have sold it, and bought titanium.