Serial-Data Channel Emulation and S Parameters

Figure 1: Higher data rates + "same old" channel media
= degraded signal quality at receiver

Serial data rates have risen but propagation media for the channel remain unchanged, and that results in greater attenuation to the frequencies of interest. We could ignore these losses at lower frequencies, but now that rise times are so much faster, that's not an option. Channel effects now intrude into design margins to the point where eyes deteriorate and bit-error rates become unacceptable.