I only have USB1.1 slots on my machine but found a 4 ports USB2 hub on Ebay which would be great to get faster transfer speeds via USB.

My questions are:

Will the hub only use the USB1.1 slot for power and the hub run a USB2 speeds?
or
Will the hub only run at USB1.1 speeds because it is plugged into a USB1.1 slot?

Thanks.