I think the governments all still want strong encryption, but with a man-in-the-middle style eavesdrop point at the tech company where the NSA or whoever can perform their inspection on all the communication flowing through the service. This is certainly not to protect the children but more likely for terrorist monitoring with the added bonus of vacuuming up your dick pics. It should be more secure than back-dooring AES/RSA/ECC, but it still has the potential to compromise quite a bit of information and basically does away with what little privacy any end user has left.