7.x is still based on the older Centos 4.x so you need to compare to a vanilla 4.x install
On the vanilla Centos 4.x install the buffers are set to
net.ipv4.tcp_rmem = 4096 87380 174760
net.ipv4.tcp_wmem = 4096 16384 131072
This matches SME Servers 7.x settings but are way to low for GigE
On Centos 5 they were upped to
net.ipv4.tcp_rmem = 4096 87380 4194304
net.ipv4.tcp_wmem = 4096 16384 4194304
This will presumably match the SME Server 8.x if and when it is ever released.
For even higher network speeds (10Gig)
I found the following recommended settings.
http://fasterdata.es.net/fasterdata/host-tuning/linux/I'm not sure this is a bug per se, as SME matches the upstream but I suppose it could be seen that way and would be easy enough to fix in a patch update.
Dave.