Cogent has a certain stigma about them, but having a plethora of recent experience with them (especially in many key locations such as San Jose), I would not say that there is no such thing as worse bandwidth.Absolutely go with the far better bandwidth in Texas.
There is no such thing as worse bandwidth than is provided by Cogent.
I love Verio but not at the cost of having Cogent involved in any hosting I will be hosting here at knownhost.
I have had such bad experiences at other providers with Cogent that I would just as soon put my services in Dallas than right here in San Jose, where I live, due to the word Cogent.
Good luck with your hosting decision and knownhost is my new choice for hosting as of today.