@kentonv With regard from the customer end, the issue of peering arrangements is basically a false one. Netflix shouldn't have to pay a penny to anyone. Verizon's agreement from the customer viewpoint requires them to build their pipes right up to Netflix's doorstep if that is what it takes them to collect and deliver the packets the customers have requested.

This whole debate is basically about the legislators and the FCC giving Verizon et al an opportunity to rip off both customers and service providers.