You notice that even ICRA is coming out against it.
Anybody care to translate this bit of double-speak:
Gonzales said it will help ensure that ISPs report the presence of child porn on their systems by strengthening the penalties for failing to report it. But this appears to stop short of requiring ISPs to monitor their systems. Instead, according to an accompanying Department of Justice statement, "the legislation would triple the current criminal fines levied against providers for knowing and wilful failures to report, making the available fines $150,000 for the initial violation and $300,000 for each subsequent violation."