Free Nationwide Broadband?

Would you accept free, ad supported, 384 kilobit per secondĀ  broadband? What if it was regulated by 'decency' laws that filtered content? This is what a company called M2Z is proposing. They are petitioning the FCC to release a 20 Mhz spectrum to them so they can build out a nationwide network.
NYT: Company Asks U.S. to Provide Radio Space for Free Internet
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