Also, can anyone honestly see rates being reduced because of this? Sure, all of us would love to see more competition (I actually only have one choice where I live, sadly), but the truth is, the companies that invest the capital to build the infrastructure deserve to reap the profits. I'm not quite sure what the solution would be to having more competition.
What worries me the most is the bureaucracy of it. Are we the people really getting a say? The FCC is made up of unelected officials (appointed by the Executive branch, Republican or Democrat) plastering on their views. Why not let our elected representatives take care of this? You may say that they would just block it, it would never move, etc. Perhaps it's not as much of an emergency as we think, then? I guess this is just the same old federalism versus statism argument. Good ol' American politics.