I went last December and bought a SIM for $30 for the month. We were getting about 10Mbps down most places, sometimes higher. As pieterhg mentions, there is wifi all over Bangkok. I wouldn't suggest spending a ton of time there though - much cooler places if you get out of the big city/tourist destinations.
I'll also add the Thai people are absolutely delightful. I've never met such positive happy people.
I'll also add the Thai people are absolutely delightful. I've never met such positive happy people.