Your statements are all true ... and equally true is my ability to purchase internet access from different providers. If I dont like the way one company performs, I can take my business elsewhere. It is called the free market.
How realistic is that? Do you really think that there will be enough providers out there to combat censorship and to allow the smaller sites access to the same resources as the big money sites? The companies will collude and startups and places like FR will end up on the slow lane for each and everyone. Maybe some will choose to slowdown different sites but either way you’ll see the internet increasingly becoming a place dominated by an ever shrinking number of sites and thats bad for everyone.
If the cable company screws you, go to the other cable company— oops, there isn’t another cable company, because of that whole government-franchise-monopoly thing.