Well obviously it's subjective, I'm just stating my opinion. I personally believe that content should be able to speak for it self, but one of the main hurdles so far is how hard it is to find content.

I do not want any central authority to dictate anything. I think the market will adjust with its own incentives and disincentives. It's a social platform after all, and social norms and 'rules' traditionally has more influence over people's decisions than actual laws and regulations.