Cheekychops -- I assume you mean speedtest.net?
That's your internet speed in kilobytes per second (kbps). If you have a '2 Meg' internet line, that means that your download speed is theoretically 2000kbps. The upload is always a lot less -- typically 256kbps.
However, the theoretical is usually not what you get. There are losses involved, and various other things to take into consideration. Multiplying the number you should get by 0.7 is more like the average you'll get -- so the 2000kbps would become 1400mbps.
Your numbers sound like you have a 1Mb line. However, it may be a 2Mb line with some extra losses currently (you should do the speed checks several times over different days and times to get a half-decent average). Also make sure that you run the test with nothing else using the internet -- no MSN in the background, no email, and no other computer either.
This is also assuming you clicked on the recommended server, the yellow one.
For comparison, my results are 17348kbps download and 14726kbps upload (I'm sat on a very nice uni connection).