I know of plans for at least 2 exchanges that will use 100baseTx as a connection option. The only real problem is the backplane limit of boxes that switch 100baseTX, (Cisco Cat 5000, 1.2gbps). This is only slightly better than the Dec Gigaswitch limit of 800mbps.
Certainly the hardware to do switched ethernet is much cheaper than FDDI, and with full duplex 100mbps there is very little advantage to FDDI. (FDDI does do full duplex now, but I don't know who offers interfaces that support this.) FDDI does offer larger frame sizes, assuming you have FDDI each end with no "MTU 1500"'s in between.
Don't gloss over the MTU issue. Fragmenting packets is a serious performance hit. Also, DS3 customers want a hssi mtu end-to-end.
To me it seems like a big cost win to drop in a C5000 with 4 slots at 24 switched ethernet/slot, or 12 switched fast ethernet/slot. Particularlly since the router interfaces are about 1/2 to 1/4 as much.
Compared to the other costs in running an ISP it is just noise...
The exchanges with the most traffic are the ones based on the oldest technology, because there are always bugs.
??!! Exchanges with the most traffic are the ones with the new technology because they have no choice. Erik