Look on the bright side of ...
Look on the bright side, 94% of the traffic is *not* Google. And 60%-75% of the HTTP traffic *isn't* video. (OK, so it mostly happens to be ads and pr0n, but what the hey...)
Of course P2P has taken a hit, because most of it was illegal sharing. The big commercial names, like Napster, have been taken out. Pirate Bay is pretty much out of service. And with each successive player getting nuked and traffic throttled, the violate-copyright-oh-but-how-darling crowd is dwindling.
I wonder if Arbor Networks is going to release a study on the coalescing of operating systems...