Only been running since last night

http://f8luresig.mouselike.org/sig.png?/46123.png

Can't really make much of it.

BQM for MHC

Have a look at how bad mine is with a massive spike every 48 minutes.

The red line you see every now and again is packet loss. But that amount looks fine to me as you have 7ms ping you expect to see some of them. The one thing to note and keep an eye out for do these red lines on the fruk graph appear at the same time as your thinkbroadbands ones?
If not then it could be a peering issue or something between yours an thinkbroadband, which is probably nothing to worry about.