Certainly the Europe oneline service does not come remotely close to ADSL or Cable broadband and you still require your phone line for your outward connection, although not for the scheduled downloads.
The pings are high and
browsing is no faster than using the modem only, in fact it is often slower as the latency can cause a lot of errors.
Europe online do have a good streaming service, but are not in my opinion a proper satellite by internet service, there a few others around, but of course thay are not as cheap and as per my previous answer, suffer problems unique to that type of service.
For the services other than EON, you will still need a pay ISP, so add that, or the cost of your calls to the total, you will find that it will work out more expensive and not as effective as DSL or Cable.
The one advantage of a satellite service is the PC card, you can also watch TV on it.