I barely skimmed the article, but on the face of it this is a subject that ought to be brought out for debate. Contractors, Architects, barbers, hairdressers, private investigators and pesticide applicators are all required to be licensed to "practice". Journalists can ruin lives as easily as any of the above.
What I LOVE about the subject will be the two-faced arguments the "journalists" and bloggers will make...while the same people have amassed miles of copy demanding accountability from those other trades.
I'm against this bill, and most existing legislation, but the hypocrisy that could come to light from this debate is intriguing.