The Democracy Project has posted part of the proposed FEC Internet regulation. On its face it's better than originally suggested:
No expenditure results where an individual, acting independently or as a volunteer, without receiving compensation, performs Internet activities using computer equipment and services that he or she personally owns for the purpose of influencing any Federal election, whether or not the individual’s activities are known to or coordinated with any candidate, authorized committee or party committee.I'm not sure, however, if this covers blogging from work or use of ISP hosting or things like Blogger. The ownership of "services" may cover ISP hosting, but blogging from work looks like a corporate contribution, and free hosting services are not "owned."
Computer equipment and services within the meaning of this section shall include, but are not limited to, computers, software, Internet domain names, and Internet Service Provider (ISP) services.Public and educational computers are also exempted. Blogging from work outside an educational setting seems to be regulated, as do corporate blogs. One wonders where California Insider -- a blog hosted at a corporate newspaper's domain -- would fall under these rules.