Regulation is bad. Period.
Yep. No regulation has done a great job historically, just look at the economy. I mean, how else are we supposed to have things like price-fixing and monopolies. Seriously though, why does everything have to be black and white. Personally, I think regulation has a place, but in moderation, where it makes sense. Unfortunately though, no regulation only works when people can regulate themselves, which doesn't appear to be reality.
If the masses stood up and said "we'll support the station that doesn't have loud ads", then those broadcasters would eventually listen.
That would work if they didn't all do it. Unfortunately I've never seen/heard of a broadcaster who does this, and it appears that many of the commenters haven't. Instead of just saying "regulation bad!", why not be constructive and provide an example?