From Everythingusb.com
Do USB 1.1 cables work with USB 2.0 devices?
Ideally, yes. USB 2.0 architecture uses the same cables and connectors as USB 1.1 compliant products. Unforunately, only 3 out of 11 cables on the market are certified as USB 1.1 compliant. You may run into the cables that cause problems connecting high-speed peripherals. To avoid negative user experience, most vendors include USB 2.0 compliant cables with their USB 2 PCI cards and peripherals.