The FCC takes a first stand on telephony over the Internet. They gave a very limited go-ahead, to "pure" VOIP (which does not connect to traditional phones).
Commissioner Michael Copps opposed the decision, and Jonathan Adelstein said he partially dissented.
In a significant limitation, the decision does not address whether traditional phone regulations might apply to VoIP services that interconnect with the traditional telephone system.
I know I'm spitting into the wind to say this, but the supposed reason to regulate telephony in the first place is because it is allegedly a monopoly. Then, when it becomes competitive, the rationale for regulating the competitors is to make things "fair."
Logic would say that if regulate X because it's a monopoly, and then Y comes along and competes, the right answer isn't to regulate Y. It's to deregulate X. But logic isn't going to win here, is it?