Hi
There's nothing stopping other ISP's selling 1000/220 as a residential product at a later date though. That's provided they have the backhaul to cope with it. Comes with a hefty install cost of £500 + vat.
They can't support too many customers at this sort of speed because the fibre is a shared resource and runs at 2500Mbps down then is shared between several properties. You don't get your own fibre back to the exchange or network switch with GPON that BT are installing, but share a single fibre between several other properties. I'm not sure how many BT will split that signal fibre up between, anyone know?
Basically the light from the single fibre is split by prisms and sent to all the connected properties. Data is broadcast to every property connected to that single fibre at the same time, so we all see everyone else's data on the end of our individual fibres, with the ONT (aka fibre modem) ignoring everyone else's but our own. Expensive kit in the exchange is responsible for multiplexing everyone's data into that broadcast. Sending data back up is more tricky, so each property gets a time slot where they can send data back in a round robin type fashion, which is why this technology again favours download speeds rather than upload speeds.
I suspect the extra install cost of £500 is to cover someone coming out and switching the fibre to a spare one that will then only ever serve a couple of properties, rather than half a dozen or so, in order to offer those speeds. A typical domestic street may not have enough spare fibres to offer everyone a 1Gig connection speed. The other reason 1Gbps is available but not the norm and hard to get, is so BT can take part in the Gigabit Broadband Voucher Scheme.
The positives of this type of install is cost and speed, as you only need powered equipment at the exchange, with all the splitting to properties being passive (just light being split by prisms) and requires no power or kit. The negatives is contention down that single fibre cable and offering fast symmetrical speeds, plus fibre breaks can be more difficult to find.
The sharing of that single fibre isn't a problem as such as the whole internet is shared and contended, and not too different from everyone connecting back point-to-point to a VDSL cabinet and then being sliced and diced up together and sent over the single fibre cable back to the exchange. But it does limit speeds that can be offered as it is always a bottleneck.
Regards
Phil