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In general, the less distance you have to travel from the tap at the pole to your modem, the better. Any distance under 150' is negligable though. It's the splitters that really kill your signal. Especially something like a fiveway, which to date, I'm not sure I've ever seen. What I would do, which would be best for the modems, but not as good for the TVs is to put one three port splitter on the line coming in the house. Run one line to each of the modems from that splitter. Run the other line into another three way for the TVs. Your cable reception is going to be crap either way, but that way at least your modem has a few more db. I think most standard house splitters have a 3 or 5 db loss at the line out. I could be mistaken. I work for a CATV system design firm, you'd think I'd be a little better at this. :P You might consider investing in a second drop. Most of the time the company will do this for a small charge. Then you can run the modems off one and the tvs off the other. That's how my place is. I only have one modem and one tv too. :P Good luck! Any other questions, I'll try to answer in a short and concise answer instead of these books I tend to write. :P
-Whir
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