I think it can have an enormous effect. In many respects, this is really where the fight is. The worst-cast scenario is that the Googles and the Amazons and the eBays pay and leave everybody else unable to pay, because the fees are simply too high.
I think that in a Canadian environment we've seen an enormous opportunity, from a cultural perspective, in recent years. With user-generated content, many smaller players have the ability to use the network to suddenly find audiences where previously they were unable to do so. But I fear that they may lose some of those audiences, or at least lose the ability to reach those audiences, if they are consigned to a slow track while those who are in a position to pay--broadcasting companies and others--ensure that their content reaches the end-user in as fast a manner as possible.