The most controversial part of the FCC's decision reclassifies fixed and mobile broadband as a telecommunications service, with providers to be regulated as common carriers under Title II of the Communications Act. This brings Internet service under the same type of regulatory regime faced by wireline telephone service and mobile voice, though the FCC is forbearing from stricter utility-style rules that it could also apply under Title II.
Still a long row to hoe:
Relevant side reading:
COMMUNICATIONS ACT OF 1934
Telecommunications Act of 1996
This is definitely a positive movement today - especially when juxtaposed against the AM talkshow host yesterday trying to explain that net neutrality *REALLY* means Obama is going to look at website content of liberal and conservative sites.. and the conservative site has more readers a portion of those readers will be blocked (or directed to) the liberal site.. Something about net neutrality is content control, content spying, and pushing a liberal media agenda.
Is this what everyone was expecting four or five years ago when it started to crop up? Anyone not happy with the movement? Predictions on how this is going to pan out (as much as anything can be finalized in the government)?