Considering that most Congresspersons can't be trusted to check Snopes.com before e-mailing their bank account numbers to Nigerian princes, I can't see how they think they have enough tech savvy to regulate the Internet properly. And if there's anything Egypt has shown us, it's that we should be making it as hard as possible to let Governments pull the plug on the Internet.
"But Eric! The United States isn't Egypt!! You're crazy to compare the two!!"
Tell that to the 84,000 domains (mistakenly!!) seized and shut down by ICE without so much as a notification to the site operators last month.
Olympia Snowe (Republican-ME) couldn't get this pushed through in 2009 with Rockefeller (Moron-WV), so her companion in the Senate Susan Collins (also Republican-ME) from Maine is trying again in 2011? I have to ask: "What's up, Maine? What lobby do you have up there that's pushing this?"
My take on the 2009 bill can be found here, and not much has changed. Except the title, of course.