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As I figured.
HULU already what are equivalent to "fast lanes". These are called "peering agreements" which are direct connections to the ISP's equipment. (imagine your Xbox is hulu and your cable modem is your ISP on the other end. That physical connection is the peer, hulu pays for this either direct or through 3rd party transit provider which is a middle man company who does peering between the two (a crude explaination). so your example fails as it has nothing to do with net neutrality because HULU and other large service content providers have peering agreements with the ISP. NN rules do not apply in your case.
Like I said, I am a shark, you are in my ocean, and you can't even swim.
We'll see what happens but I have a big fat I told you so lined up if people start getting gauged.
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