The positives and negatives of Internet usage are more extreme than broadcast media but less than alcohol/guns. The majority of people lack the skills to properly censor Internet without hovering over the child's shoulder full-time as you would with a gun. Best you can do is keep their PC near you, but it's not enough.
We agree that a creepy surveillance nanny state is not the solution, but training parents to do the censorship seems unattainable. As we do for guns/alcohol/cigarettes, mass education about the dangers is a good baseline.
EDIT: And some might disagree about never having access to alcohol!