If you get a chance, you might want to drop your Congresscritter an e-note encouraging a "yes" vote for HR 1606, the "Online Freedom of Speech Act". (Or, hey, this is America. If you feel differently, encourage a "no" vote. You weasel.)
The idea is simple enough: "to exclude communications over the Internet from the definition of public communication" for purposes of McCain-Feingold regulation. This was the status quo as recently as the 2004 election. This bill, however, was made necessary by a ruling from Federal judge Colleen Kollar-Kotelly, when she overturned the exemption established by the FEC.
RedState is all over this in their FEC Section. A good place to start is this recent article at RedState by Brad Smith, an ex-FEC commissioner. (Why, he gets so exercised, he even says "heck" at one point.)
I think, generally speaking, that restrictions on political speech are a bad idea everywhere, not just on the internet. But, given the judge's ruling, HR 1606 is a good start.
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