Actually the net neutrality regulations reclassify broadband as a public utility. This means that the FCC will have wide ranging powers to regulate the internet in the future. This is the main issue, the net neutrality regulation changes how the FCC can regulate the internet in the future, not only how it will regulate the internet today. So you really don't know what new regulations they will implement once they have been given this new control over the internet. The problem is that you have to trust the FCC to only do what you think is right, not only today, but going forward. No one can forecast how the FCC will be using this new power in the next 10 years, but seeing as the US government is already forcing ISPs to perform what I view as immoral snooping on innocent people around the world, I think it is incredibly short sighted to give them more tools with which to coerce compliance from ISPs.