Comment Re:that's a stupid argument (Score 1) 390
All trafic is there because it was "Requested". Networks have always based peering based on traffic flows. If Level 3 has paid for X Petabytes of Transit per month, then that's what they get.
I understand the frustration on everyone's part, but this is mainly due to the oligarchy in local ISPs. If you had a choice, you could choose one based on the level of service they had for netflix. With Netflix being such a huge draw for people, it only makes sense that in a competitive ISP market, Level 3 would be able to get cheaper transport. And/OR ISP's would just be willing to get NetFlix to Colocate inside their network.
So yeah, verizon sucks. But the main reason is the lack of competition. I wouldn't change the way peering has always been done. Its like using a sledge hammer to kill a gnat.