The end of lawsuits
...though the RIAA tells us it reserves the right to go after people who continue to ignore the notifications.
This is just hilarious. Nothing new, though - this is exactly the same amount of protection that people got after agreeing to "pre-litigation" settlements.
Chances of an individual to have been sued by RIAA were calculated less than to be hit by lightning, from what I remember. Now, when RIAA targets the ISPs - assuming they get traction - the response will be "preventive" and swift (one, two) - not only those who [ab]used the system will be impacted, but Joe the Plumber as well.
In other words, the situation will actually deteriorate - the ISPs are being given a good incentive and a good excuse to cap the traffic for everyone, and introduce market segmentation (think "gas prices", "pain threshold"), which they were severely lacking on the consumer side.
UPDATE: People start asking a reasonable question at last: who is going to pay for all this?