So who will guard the guards? I fail to see any oversight whatsoever. Ohh and look who these 6 major ISPs are. TimeWarner Cable sounds like they may have a few copyrights laying around... Major conflicts of interest? You bet.

And what does this mean for the thousands of coffee shops, book stores, and other wi-fi hotspots which dynamically assign ip addresses? Most likely: nothing pleasant.

Its a fine day when not only do corporations wield ridiculous power of lawmakers, but can form agreements tantamount to monopoly power. Net neutrality? Good luck with that.