I thought I read the list of 'supporters' for the bill had actually just agreed to something about selling real physical counterfeit goods online rather than all the censorship bullshit, and the people putting it through are misrepresenting them. Anyone have a source?
The concern of the bill, and of the companies, is unifying internet protections and in some cases drawing real-life analogies to online interactions; being able to obtain the same court order to shut down che4psunglasssssses.info that they can to deal with the guy in the mall flogging fake Oakleys, seize his paypal and adsense accounts the same way as they can his bank account, and-reaching into unreasonabilty but codifying existing case law rather than creating a new banned act-preventing linking to the site. There are also clauses making the offering of streaming pirated versions just as illegal as downloadable ones.
The concern of civil libertarians is that the formalization of a process to request warrants for this rather than the current piecemeal lawsuits against infringers will create a system biased against the defendant, and a new category of things to accuse politically inconvenient sites of.
The concern of legitimate media sites is that there is no explicit line drawn in determining what constitutes rogue users on a legit site as opposed to a rogue site, thus exposing them to costly legal defenses.
The concern of network admins is that several of the technical details of the bill, written to require action by the ISPs rather than ICANN (for domain revocations) or the sites themselves, break several major security protocols.
In other words, it's a bad law, written to deal with a very bad situation. Hence the broad-based support; its vagueness and technical iffiness shit all over one sector if the courts don't do their job (they won't) but a dozen other sectors are screaming for it.