Ciper strength is a rating as I understand that is used rate the strength of an encryption algorithm used to encrpyt information for transactions and such online, or whenever encryption is needed. A 56bit encrptytion algorithm has over 72 quadrillion possible keys to that could be used to decrpyt whatever information is being sent.
I know this is not a purely techinal explaination, but it explains in simple terms what it is. As for going to 128 bit, do you feel you need it. I purchase products online regulary using the 56bit scheme and I have not had a problem yet.(knock on wood)
Eraser