Re: Good news, I guess
"Though you have to wonder why Labour collectively abstained in the last vote regarding this bill in parliament. "
My understanding is that Labour are not opposed to the bill in principle - after all it is nominally about regulating the investigatory powers of the police and spooks. By voting against it in the first reading, they would have given the impression of being against law and order, which would have given 'Call me Dave' ammunition for his childish attacks on the Labour leader during PMQs, and also given the right-wing press (also known as the mainstream press) a field day.
What they did, quite rightly IMHO, is say that they cannot support the bill unless several problems with it are addressed. By doing so, they have allowed it to reach this stage, where an independent review can be made.
If this review makes recommendations, especially those concerning basic human rights such as the right to privacy, and suitable amendments are not forthcoming from Ms May et al, then fully expect them to vote against it in the next reading.
The thing to remember is that the Tories (currently*) have an absolute majority, so in order to bring the bill down, Labour will need to convince not only the other parties, but also a portion of the Tory party to vote against the bill. The best way to do this would be to go through the due process of having the bill examined, and fault found with it, thereby putting forward a strong argument for voting against it. If the govt. then get it through with a slim majority and the Lords vote it down (as they almost certainly will), then there is a stronger argument against using the Parliament Act to force it through.
All of this bypasses the point that some sort of legislation is required to properly regulate what the spooks and the Peelers are up to, rather than leaving them with the blanket 'emergency powers' they currently have.
*This may of course change, if certain serious allegations of electoral irregularities are found to be with substance.