Wow. It doesn’t get much better than this.

According to the draft, the duo want ISPs and network operators to “enforce terms of service that prohibit a subscriber from operating a server, or from consuming excessive amounts of bandwidth where such consumption is a good indicator of infringing activities.” A summary of the draft can be found at the Electronic Digital Rights site’s latest EDRIgram.

Still stunned that the public hasn’t given up on the whole ‘internet’ fad, the music industry is working to convince ISPs that they should sign a new Code of Conduct. The purpose of the Code of Conduct is to strip every shred of privacy from their subscribers, block common file sharing services, and offer up the identity of suspected infringers without the need for a pasky supoena. Of course, the subscribers would have to agree to the terms of this new agreement.

The ISPs must be thinking to themselves, “What a wonderful idea! We’re desperate for a way to differentiate ourselves from our competitors, this is perfect!” Because they know that any ISP that willingly signs up for this will soon have large groups of customers looking for a new ISP. I use Comcast. It’s so fast, sometimes I get whiplash. I hate to think of going back to slowpoke DSL, but I’d do it in a heartbeat if Comcast signed up for this nonsense.