Hopefully, it will encourage China to curtail their current activities. I know I'm sick of all the Chinese IP's bouncing packets off my company's firewalls.
And as people "in the know", I think we can all call bullshit on them when they say streaming video uses too much bandwidth. Netflix streams H.264, TV streams are uncompressed MPEG-2. If you watch Netflix, you're using less bandwidth than if you were watching Fox.
I signed up with them, asking directly if there was a cap. They said, "no". Five months later, I got an email announcing the good news that the cap would be raised to 300gigs/month from 250. (I doubled that the first week I had service)
So I called them. They said the cap had always been there, but they hadn't been enforcing it. I made several suggestions involving the rectal insertion of a chainsaw. Something I have done again several times.
Top Ten Things Overheard At The ANSI C Draft Committee Meetings: (5) All right, who's the wiseguy who stuck this trigraph stuff in here?