arg

He can say whatever he wants, as long as it's not paid-for commercial speech - talk shows like that are presumably profitable, or try to be profitable, so they're not spending money to espouse their political views. If they weren't profitable, then the person or group providing funding to broadcast the shows would need to comply with FEC regulations. (Either tiptoeing around the regulations, or registering and keeping within spending limits).

The web is uncharted territory. The law certainly suggests that if a person or group are spending money to finance a web site of the nature described in FECA (above), then they fall under FEC regulation as well. So far the public and politicians asking that the measures not be enforced with regards to the web, as it's still an area in its formative stages, but the law is still on the books. There are plenty of defenses possible too. But I'm not sure why you think it has nothing to do with campaign finance reform. Have you read any case law or legal opinions on the issue? Having had SS investigations concerning my political domains, I try to keep on top of these things.