You know what's weird? I'm brazilian, I follow up this kind of content and I just found out about this here on Hacker News. I haven't seem an article about this in any of the big portals.
Anyway, IMHO, one of the most important parts of the bill are the Article 14 and Article 15. I've seen some increase in bloggers getting sued because of other people's comments on their blog, and the problem also spits out on social networks and other user generated content sites every now and then. Finally we get a sign that someone is looking into that.