The ISPs - the powerful distributors of latterday intellectual property - are already hogging far too much of the available cake, as I've pointed out on these pages before. Future legislation would give them untold powers; the power to lord over the entire landscape of Internet practice, in fact. From censorship of free speech to the rationing of bandwidth, they would have the right to do and undo whole communication communities. A plague of almost biblical proportions.
More here from Cory Doctorow writing in the Guardian today on a subject which should strike fear into the heart of any decent and upstanding creator-consumer.