I was using SFTP to transfer files around. Activity Monitor, iStat Pro, and the file sizes matched to 48-50 Mbps.
I'm sorry but that is impossible. The theoretical maximum throughput for 802.11g is around 27Mbit/s due to all of the overhead. There is no way to achieve higher than that, and typical throughput is in the 10-20Mbit/s range.
There are many, many studies that can be Googled to explain the details.
Even this IEEE white paper references ~24Mbit/s throughput as a possible benchmark in a perfectly clean environment with no "b" clients and no interference of any kind. http://www.54g.org/pdf/802.11g-WP104-RDS1.pdf
Ugh sorry, I didn't see that I was replying to an ancient post.