I think the most important and wide-reaching element of this bill is the micromanagement by congress that it effects. Regulatory agencies exist for a reason, and part of that reason is to take over areas too complex and expansive for Congress and the President to preside over. But this bill effectively sends the message that Congress has no faith in the FCC and its ability to determine the proper use of the spectrum–something that is its primary responsibility. Apparently Congress believes that the National Association of Broadcasters knows better than the FCC. The scary thing is that this could be a harbringer of things to come—why not just turn all telecomm regulation over to the NAB? And while we’re at it, why not let Exxon and Texaco take over the EPA?