Looking for data sources for real road speeds
Waze is one route - but uses Ordnance Survey data (at cost) in the UK.
http://www.waze.com/wiki/index.php/United_Kingdom
http://www.waze.com/livemap/ (US only)
Sabre Roads is another project (waze links to this)
"perhaps the most complete archive of information on the British and Irish road network"
http://www.sabre-roads.org.uk/wiki/index.php?title=Main_Page
Trafficmaster (at cost)
Those blue long cameras mounted on blue poles is your best source: There are 5,200 cameras - they monitor congestion live http://www.trafficmaster.co.uk/content/1/60/real-time-traffic-information.html
(you will need an account and they will charge you to access to the live data - [email protected])