End of the Telegram

Wired has an article about Western Union sending it's last telegram. Pretty crazy to think about. They say that form of communication is gone, but I disagree. If we really think about it the internet as we know it just a series of signals being carried around by wires. It was just way ahead of it's time, and a little slower. I wonder how fast the fastest Morse coder could tap out a message in bits per second? So if a fast Morse coder could knock out about 4 bleeps per second would that be about 4 bits per second? And the line on which my server resides kicks out about 800,000 bps? We've come quite a ways.