oh, I think the Democrats are cheering CFR. As Rove himself said, it enabled the Democrats to outspend the Republicans by $120 m last year. What it did was break the old shibboleth that more money=more votes and more votes = Democratic victory. The reason they're not talking about it is that they know it was a once in a lifetime windfall, because their 527's got out of the gate early and lapped the Republicans while they waited to see if the FEC was going to allow such an outrage, which they did. They just don't know what to try next.
Hardly.
Article after article has been written with Democrats regreting the passage of CFR and I'll tell you why.
They no longer control the purse strings.
Instead of these interest groups having to beg them for money to buy votes, the Democrats have to incresingly cater to the 527's which they do not control. Hence, Moveon.org declaring they bought the Party.
The Democrats are not happy. The Republicans are not happy. McCain isn't even entirely happy since the 527's exist. Only the activists that now own the party because they control the purse, and the MSM, are happy.