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The V.34 specification currently calls for fallback speeds of 16.8 
and 19.2 kbps.  Some people have thus inquired about the possibility of 
implementing the 16.8 and 19.2 fallback speeds (in the the current ZyXEL modem
line).

ZyXEL USA's response:
The specifications for V.34 call for a multiple carrier frequency during a
connection ie. multiple baud rates.  ZyXELs currently can only do a fixed 
baud rate during a connection.

If the specifications are modified to not use shifting baud rates, then it 
may be possible.

If the specifications remain unchanged, ZyXEL *MAY* implement V.34 fallback 
speeds.  If and only if ZyXEL decides to implement the fall back speeds, the
work would BEGIN only *AFTER* the new modems ship.