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10 Mbit full duplex works fine...
...as long as both ends of the link support it (Cisco routers/switches and most NICs do). Both ends should be "hard coded" to 10/full to avoid a duplex mismatch. As long as both are set correctly, I don't know why you wouldn't get the same level of performance or better (less packet processing, no "increments of six" approximations of desired bandwidth).
7th Dec 2007