eldavojohn writes: We've heard a lot of coverage about what the overturning of FCC Vs Comcast means for Net Neutrality but CommLawBlog argues that's just the tip of the iceberg as far as the effects this ruling has. In the National Broadband Plan, Local TV broadcasters might be forced to "voluntarily" give up their spectrum to be repurposed for broadband and this decision diminishes the FCC's authority to cut such deals. Another issue at stake is how this will affect the FCC's approval of Comcast's acquisition of NBC. Comcast's successful challenge of the FCC's ruling about Net Neutrality is more far reaching than it appears to be on the surface — threatening the auctioning of spectrum in the implementation of the National Broadband Plan and possibly the Comcast/NBC deal. It remains to be seen how soured the FCC is by the court agreeing with Comcast's desire to delay P2P traffic.