Yep. This issue is pretty complex.
It may not be in then net's best interest to have FCC regulate the internet IF their regulations are as hamfisted and full of loopholes like their previous attempts have been. So the Republicans might the right there.
However, if the FCC actually had the balls to make the internet common carrier that would be the kind of regulation that is really needed to protect the net. If the FCC did that then the Republican position is all kinds of wrong.
As for the Democrats, if they want the first example of regulations listed, then they's be wrong as well. But if they want the second kind, then they'd be in the right.
Caveat, this it all of course IMHO.