This is as it should be. The cooperative community that constitutes the Net is smart enough to quickly figure out what is in its own good, and smart enough to ignore the rest. What I would say, though, is that the goal should be to have as few rules as necessary. And these rules should always be about technical issues that define how the Net functions, not about policies that dictate what it is to be used for. Some folks may argue that this freedom doesn't produce neat, tidy results, and they are right.
Freedom is messy.
But it is the freedom to experiment, try things never envisioned before, and to do the unexpected that has allowed people to make the Net the astounding success that it is. We need to preserve to the maximum degree compatible with stability and security the traditional freedom of the Net if it is to remain this amazing engine of innovation. Of course, this freedom does not free us from responsibility to obey the law. And the unique aspects of cyberspace will no doubt require from time to time new laws and new interpretations of old laws. Those laws, though, should be enacted through elected representatives who are accountable for their actions to their constituents, and whose actions are subject to judicial supervision.