While I'm sure that access to this system will be heavily restricted in some locations, it will potentially bypass local restrictions and prevent countries restricting access to sites. In some countries that may be a good thing (i.e. Turkey or Egypt) but there will be cases where a US-backed Internet companies services over-riding local regulations may be problematic.
Google suggests running their own Atlantic fibre to connect Google data centres and ElReg commentators fear the start of a walled Internet ignoring all the evidence to the contrary. Amazon suggests a global Internet controlled by a single company and it's all OK.