I read Doc Searls article about the election. It's a great piece, but as a media obsessive, I thought that this article that he references is even more interesting.
This is not unlike Rhizome Radio or other forms of low power FM and AM radio. Very cool, independent of your politics. Inexpensive cost structure, hive like coordination, navigating the edge of administrative and legal definitions.
I believe that the edge of the network media distribution systems continue to find ways around the blockages and constraints of the system to deliver the message, much as TCP/IP was designed to support messaging after a nuclear war. (Ok so I take a little license without explanation)
The bad news is that traditional media will continue to use the resources at their disposal to stop the unfettered development of distribution systems that are not respectful of their current business models. The good news, not unlike the open source movement, is that there is strength in numbers and that the collective intelligence and effort of the edge of the network is a mighty powerful force.