So, it looks like they now admit that neutrality is a good thing, but they say not to worry, because it's impractical for ISPs to actually discriminate. The documented cases of anti-p2p traffic shaping, large-scale deep packet inspection, and the eagerness of ISPs to secure their rights to do those things without even telling consumers all prove that the Cato Institute's analysis has not yet converged with reality.

...and the eagerness of the government to 'regulate' wikileaks out of existence proves that the statist's analysis will never converge with reality. Look, if ISP wants to fuck with packets, then all you have to do is encrypt them, on onion route them, or whatever. If you are being regulated by the government, though, you just might get a friendly knock on the door. Or maybe the government will raid you with a swat team. Hope you don't have any pet dogs.