That's really for you to decide, I think, partially.
The bill says at the beginning:
AND WHEREAS the number of violent scenes broadcast on television during the hours when children watch television, namely, before 9 p.m., has nevertheless increased;
I think that's what it is trying to address and trying to emphasize, the need to protect our children and make sure that those offensive programs appear after 9 p.m. As I said, I agree with that. We have a workable system, and this would strengthen it, perfect it, etc.
So whether you want to enact it or not--any regulatory power, of course, brings with it some negative side effects that may lead to more litigation or stifle creativity--that question is really up to you.