I think the best thing a person can do right now is wait and see while at the same time working on becoming compliant at least to the old regs. A lot of people are getting worked up and bent out of shape over something that does not exist yet and is not enforceable. Once you have seen the new regs and they have been tested in court then you will know where you stand. As soon as they are published they will be challenged. Once that court decision is handed down it will be appealed. This cycle could go on for years. Laws are made by Congress. These new regulations (laws) were not so more than likely they will be shot down in court but don't count on it as anything can happen.
I think one of the reasons that these more stringent regs are coming to light is because of the proliferation of thumb preview TGPs. It seems like everyone has one. Is the thumb preview TGP dead? No, they will switch to face shots only with a lot more timid content. As for text link TGPs being affected I can't see how they can be required to have copies of the 2257 docs. Tamer banners on them - sure. However, to hold them to 2257 regs would require you to hold Yahoo, Google, MSN, AltaVista, Ask Jeeves, etc. to these regs also.
The government may want to limit accesibilty to porn but once they pull in companies like Yahoo and Google into the fray there will be some serious cash thrown around in defending their position.
