Read this over at DailyKos.
FEC commissioner Brad Smith is interviewed over at the conservative Tech Central Stations regarding FEC regulation of the Internet. Bradley is a Republican on the commission and opposes most campaign regulation as a result. But whatever his overall motives may be, he shows in this passage that he genuinely gets what this issue (regulation of the Internet) is really all about:
SMITH: <...> When we think about who is going to be exempt under the press exemption, I think almost everybody would agree that the big corporations are going to be exempt under press exemption. That is to say that the Washington Post website, well, that's probably exempt. What about Slate, which at one time was owned by Microsoft? Well that's going to be exempt. Why? Because Slate kind of looks and it feels like a newspaper. It comes off the web rather than delivered by paper to my door, but it just has that look and feel and has that kind of sense to it. And then people are going to say, what about maybe a blog such as that run by Glenn Reynolds of InstaPundit or something like that? Well maybe that gets the exemption. But after that it's less clear.
http://www.dailykos.com/storyonly/2005/6/13/16583/4312