Leaving aside any dubious benefits of this passing, about 80% or so of America doesn't actually want this (iirc). Correct me if I'm wrong, but willfully passing regulation that most of your voter base doesn't want you to pass sounds awfully like governing without the consent of the governed. At this point I consider the FCC a rogue organization operating against the will and well-being of the people, though the same can be said about an awful lot of the US government lately.
I'll give our government one thing though, it sure has increased transparency. As in, its mean-spirited, money-grabbing, lobbyist-pleasing motives have never been more transparent. They're setting themselves up for a reckoning... I think. Or I hope?