As Adam says over at the Huffington Post:

If Net Neutrality is gutted, Google, eBay, and YouTube either pay protection money to companies like AT&T or risk that their sites process slowly on your computer. Comcast could intentionally slow access to iTunes, steering Internet customers its own music service. And the little guy with the next big idea would be muscled out of the marketplace, relegated to the "slow lane" of the information superhighway.

Read the rest of the post. It's pretty damned devastating. And note, I don't think Ed Whitacre is happy with The Agonist (we're in his own backyard) so I doubt we'd have enough protection money. So here's what we should all do:

Sign a Net Neutrality petition to Congress, call Congress now, blog about this issue, or put our "Save the Internet" logo on your Web site, MySpace: Add "Save the Internet" as a friend, write a letter to Congress, Visit our coalition Web site for more information.