The FEC was incredibly responsive during these deliberations, clearly considering all the feedback all of us provided over the past year. Their initial draft regulations were dramatically overhauled and the final results were everything we hoped for and more (like granting us the media exemption). The commissioners did a fantastic job of keeping an open mind and figuring out how to address an incredibly complex and fast-changing medium.
We won, and the "reformers" who sought to destroy sites like this one lost. Their initial responses, claiming victory, suggest they know they've been defeated. Fine. If claiming victory makes them feel better and allow them to save face, I'm cool with it. But bottom line is they specifically targetted this site, yet Daily Kos is now more secure with First Amendment protections than it was before this whole process began.
People-powered politics has been legally validated.
HR 1606 isn't going away. It's being held in reserve. And if the reformer groups change gears and decide to challenge the new regs in court, it'll be whipped out again.