Of course it has an effect right now. It's the chilling effect. The idea that website operators should be personally liable for comments other people made is just as irrational as white people feeling guilty about things their ancestors did. But it sure serves to make people cautious about what they say online, when anything can be deemed "hate speech" (which ultimately translates into "thought-crime" anyway). So a question arises: Are politicians as irrational as they sound, or are they just pretending? If they're irrational, should they be in charge? Do you want the captain of the airplane you're in to be sane? If they're just pretending, then the most likely explanation for the decision is that it was meant to advance the chilling effect, and then we're right back to "should they be in charge?" again.This decision could bring forth bad things, but the decision doesn't really have any effect right now.