With dual WAN modems, you will get two logical paths where the data can usually be load balanced.
In this scenario, if you have two 4Mb lines, you could have two 4 Mb transfers going at once but you would be unable to achieve a single 8 Mb transfer.
The issue would come down to what type of layer 2 transport the modems are using. Are you using PPP to connect to your ISP? If so, you would have to use multilink PPP and then you could aggregate the bandwidth into one logical pipe. Your ISP would also have to support multilink for it to work. You can aggregate two lines with one router such as a Linksys running a special variant of Tomato/MLPPP.
http://fixppp.org/You could also purchase a cisco router thats supports MLPPP.