Isn't it obvious why blogging is exempt? (Score 2, Insightful)

Campaign finance laws were put into place to keep the playing field even. When the issue of others campaigning on candidates' behalfs arose, such as PACs, laws were put in place against "soft money" advertising, on the same principle -- no one candidate should be able to outshout the other by commandeering the limited number of media available.

But there's now an unlimited number of resources available for speech. Let one party open as many blogs as they want to open, it won't stop the other party from opening their own and letting their positions be heard. Unlike television or radio, the audience isn't bound to a limited number of channels, and thus can't be dominated by any single party.

This is a good move by the FCC. I'm torn on the issue of CFR over traditional mediums, but only because my inner libertarian can't stomach regulation of free speech and my inner citizen is sick of watching politicians elected by the size of their war chest than the quality of their performance. This isn't an issue on the Internet (yet... wait until election year banner ads), and in no way does regulation have any place there. Again, bravo, FCC. About time.