A good legal ruling: "FEC Won't Regulate Internet Politics"

[T]he Federal Election Commission unanimously adopted a rule requiring anyone placing a paid political ad on a Web site to abide by federal campaign spending and contribution limits.

But the rule also updates existing FEC regulations to make it clear that all other Internet political activity, such as blogging, e-mail communications and online publications, is not covered by the campaign law.

"Individual online political activity will be protected from FEC restriction regardless of whether the individual acts alone or as part of a group, and regardless of whether the individual acts in coordination with a candidate or acts independently," said Commission Chairman Michael E. Toner...

...Under the new rule, bloggers on the Internet would be entitled to the same exemption from the campaign finance law that newspapers and other traditional forms of media have long received. "There will be no second class citizens among members of the media," Toner said.