WiMax (802.16) is is a newer standard of wireless networking designed to provide the last mile of high speed internet access to the end user. Some people would call Wimax WiFi on steroids but this would be to broad of an assessment. Wifi was and still will be used in LAN environments for the foreseeable future. WiMax was designed to provide (MAN) Metropolitan Area Access, to homes and businesses.
WiMax base stations will have the ability to provide approximately 60 businesses with T1 access and hundreds of homes with DSL/Cable speed access