They should be eliminated.
Well .. the real flap is that some of the democrat members of the FEC are afraid that CONSERVATIVE blogs might be helping out the conservatives, and not being held to account as making a in-kind donation.
Of course .. they don't expect MoveOn to be held to the same standard; even though 527 rules do not allow them to coordinate with the dem party - they do it anyway and they are not held to account.
However, FR is not a blog - FR is a forum.