Well, it didn't do it over the weekend and for the rest of the weekdays.
I just watched it happen again, and this time I had HG612 open as it happened.
The process seems to cover 2 minutes.
In the first minute the download SNR dropped to 2.4 (usually 6.3), and 40 error seconds happened. During this first minute webpages won't load, IM chat networks disconnect. Though I never lose sync with the cabinet.
In the second minute the SNR came back up to 6.3 and another 20 error seconds happened. webpages load and the IM reconnects.
After minute 2 the error seconds drop back to the usual 1 or 2.
It always seems to happen about 11:50am. I say always but I've only noticed it happen about 6 times. I have my IM open and it tells me if I've been disconnected and reconnected.