The FEC today ruled on political speech within the internet, specifically blogs. The FEC exempted blogs and added them to the realm of the MSM when it comes to political speech. The only area that will be regulated is paid political advertising.
This is a big victory in the battle of free speech on the internet. Originally, it was looking like the FEC was going to come down on the side of regulation of internet speech.
Now, if we could just get freedom of speech within 500 feet of the president, we might just have a democracy on our hands. But, I won't be holding my breath.
FEC Rules Exempt Blogs From Internet Political Limits