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Net Neutrality on Life Support?

Google and Big Red are close to reaching consensus on this issue, according the the NY Times.

A little background on net neutrality, for those of us that haven’t thought about it in a while.

Are we reaching a regressive stage of Internet development and innovation, or are we bound by the limits of our economic principles to run in cycles around any new business form?  That is to say, will capitalism always force new forms of information delivery into this model?  Good or bad?