Should be fine, unless you start with some really heavy stuff, like big file downloads. T2 for instance is only 6.3Mbits, and theirs quite a few sites that run with lots of users with that.
The thing is even though you could get thousands of users looking at the site, their not all going to be hitting the connection at the same time, and the gaps between transmissions to one user are going to be longer than the time they are actually receieving.
Simulating is harder than most people think as theirs no real way to see how people will behave on diffrent sites, the taffic patterns for this site will be a whole lot diffrent from googles. and diffrent again to say a Linux distro site.
What would feed a thousand forum users might struggle with a thousand distro users.
For a list of stressing tools and testing try
Web Test Tools, but without an idea of what the site is supposed to do its hard to tell which one would be useful to you.