10 years ago I would've said "no," but between employers who will assume the worst if you lack a Facebook, vendors and banks trying to push online account management, online employability verification, and even tax returns that must be eFiled under certain circumstances, I'd have to say it is at this point.
The main thing, from my perspective, is neutrality. The technology was the product of government investment, improved with a lot of open-source development, and currently runs on an architecture which has seen a lot of subsidies and operates in what amounts to a monopoly. You'll see DSL and cable and satellite competing, but you aren't going to see half a dozen cable providers engaging in a similar competition. In some areas you can't get one or more of those services, further increasing competition -- for example, at my parent's house out in the sticks you couldn't get cable or digital phone service, so satellite is your only option.
Aside from that, privacy. I want to see the government showing the same deference to Internet communications that mail and telephone conversations get (which isn't saying much at this point, I know, maybe a private discussion in the comfort of your own home is a better example).