Reading this, all I can imagine is them saying to each other in a satisfied voice: "Who's making laws now, eh?"
Just like with Visa blocking Wikileaks months ago and banks presently blocking Bitcoin (the Rabobank in the Netherlands leaked memo a few weeks ago that they should not facilitate Bitcoin traders), I'm not sure I like these practices. Not to mention PayPal's draconian policy.
Controlling people's money is a nice power to have... (So, Bitcoin anyone?)