(Put another way, it's possible to have misleading headlines about even wildly unconstitutional proposals extruded by Washington officialdom! Best to be painstakingly accurate in our criticisms.)
I did note that "the more interesting section (to me) on page 340, which is the fact that warrants could authorize 'remote access to search electronic storage and seize or copy electronically stored information' via the Internet."
And it looks like, from the linked National Journal article, this is what Google is alarmed by. I've talked a few times with the Google lawyer quoted in the news article, and suspect he would not make bold claims without good reason.
But I haven't read Google's submission myself -- http://recent.io/ is keeping me too busy right now. That's why I submitted only the linked article. :)