Well, there *is* competition out there already if one is in the market for absurdly crappy Internet service...
Personally, I tend to be a very big supporter of the free market and competition. I don't see anything wrong with municipal broadband as a player in the ISP space, as long as it does not receive any special favors which could hamper the competitive landscape. If this is the case, municipal broadband could actually improve competition by providing an additional choice - which is always good for consumers.
The only difference between Bush and Obama is the group they're wasting our taxpayer money on. It's time to elect responsible legislators.