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If I remember right from an article I saw earlier this morning, Comcast's claim is that they're not necessarily charging for video, but that the Netflix-Level 3 deal means that Level 3 Communications will be sending more data to Comcast than the other way around, so they want to re-negotiate the peering agreement. Which makes it sound a little more legitimate if they're talking about actual network costs versus "we wantz teh video moniez"... but on the other hand, that was a Comcast PR flack, so trustworthiness is perhaps not high.
Right now companies like ABC and CBS charge Comcast for allowing their content to be sent over their lines... so a plus side if the balance of power shifted to the cable companies would be perhaps the possibility of a la carte? But of course, in practice that won't happen... 
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