I agree with joko -- we have unleashed the hounds of hell and just don't realize it. The FBI already shuttered an entire ISP -- UserNet -- because it sheltered pedophiles. Others have been tagged as well, and I'm not even sure regulating ISPs is the answer.
There is a breed of human who is law abiding EXCEPT when on the net and led to commit vicious, criminal acts by someone else. This machine we're all staring at has a hypnotic effect on some people, and thus, the next Jim Jones will not need to move house to Guyana to orchestrate the murders and suicides of 1,000s of people.