I see potential issues with the law...ways piracy sites can get around it, the potential for sites such as AT, Youtube, etc., to get hit because someone posts copyrighted material that they shouldn't, but I also see a serious need for the government to do SOMETHING about the fucking piracy that's so rampant on the internet.
Are the proposed laws going to be the solution? I don't think so. Hopefully, there will be some sense written into them before they're passed...BUT, Washington being the corporate whore-house that it is...it will probably pass as written, and it will take a bunch of lawsuits and challenges to get it corrected.