Rtaxron:
You appear to have (or have been offered) an 'ADSL 2+' connection. It's faster (by a factor of 2) than the 'ADSL Max' connections which most households had (simply because ADSL Max was the standard product sold to other ISPs by BT Wholesale) before fibre connections became widespread.
These days many people regard any type of ADSL connection as 'old-fashioned', and/or 'low tech', with fibre connections having become the norm. However the needs of the particular household using the service need to be taken into account when deciding whether they've got a 'good' or 'poor' internet connection.
For example, I've got an ADSL 2+ connection (giving me around 10 Mbps up and 1 Mbps down) and I'm happy to stick with it. There's only me in the house and the most I'm likely to need from my broadband connection, at any one time, is to stream from Now TV while browsing the web at the same time. My connection can cope with that easily. (The only reason I might want a faster connection in the future would be if I decided that I wanted to upload lots of big video files to sites like Youtube). If I paid extra for a fibre connection at the moment, I'd hardly notice any difference.
However a household where there are three teenagers all trying to watch streamed video content simultaneously, while Mum syncs her business accounts to her online backup service and Dad is playing online video games, definitely needs a fibre connection (giving perhaps a 25 Mbps download speed, as a bare minimum).
So, if you're on your own (and won't be uploading lots of big files to Youtube, etc), what you've been offered is 'good'. However if you live with a big family (or simply have loads of grandkids visiting you at once, all wanting to borrow your wi-fi), it's 'poor'