> but it seems like terrestrial internet will always have a significant bandwidth (though not latency) advantage over Starlink.

Starlink was never designed to compete with terrestrial internet in any way.

If you have access to good high speed internet already then Starlink is not for you.

I thought starlink has poor and inconsistent latency?

That's also why I'm suspicious of the long term profitability of the whole thing. Most developed countries where the customers are richer also have some pretty good infrastructure and the rest likely couldn't afford the expensive service.

You are then left with all the exceptions to those general rules and I'm not sure that's enough to cover the very expensive cost of the platform.

Long term I wonder if they'll encourage sharing terminals. Like a Starlink terminal that's a cellular base station.