Bill,
I just checked my notes and tech support at AC told me back a couple of months ago that they recommended at least 15mbps download speed. At the time I had a DSL connection that was only 2-3mbps. I then switched to cable and routinely have >15mbps and have had no problems running AC in the Cloud. In fact it runs faster than AC with my in-house system. Admittedly, I was using a system that would make Bert, Sandeep and others whence--a laptop for a server.
I use my iPhone for backup in case the cable connection goes down. I just tested the speed and I got 29mbps tethered to my iPhone.
John