This regulation only applies to NEW TVs that are to be offered for sale after 2011. So nobody is going to take your TV away. Also, most existing flat screen TVs on sale already pass the regulation.
By the completely pointless and irrelevant discussion of how one can comply with the regulations by decreasing the brightness and backlighting and removing the sound creates the erroneous impression that you have to do something to your existing TV to comply. This is not true only new TVs are covered, your existing TV will be completely fine regardless of what your brightness is.
Also the the reference to the train wreck of unintended consequences links to an article that does not actually mention a single unintended consequence.
So basically this article is just a hit piece produced by some PR flack that has been taken verbatim by slashdot editors. I thought slashdot editors were smarter than that.