Level3's General Counsel blogs that ISPs are playing a game of chicken with the Internet. The congestion that consumers suffer isn't merely too many users, it's ISPs playing games (like using Sandvine for dpi) and not managing their networks. It can have detrimental effects, despite what FCC staffers say about Competition is the cure for that. HA! What competition?
It's a good read. Fierce's version is here.