Does the Blogger's Code of Conduct Make the Blogosphere More Corporate-Friendly?

Looking at the Blogger's Code of Conduct and the reaction to it from the political blogosphere, Lindsay Beyerstein puts the pieces together and asks, cui buono?

The architects of the BCC are major tech bloggers/biz bloggers in Silicon Valley.

There's widespread suspicion in the liberal political blogosphere that the BCC is an attempt to smuggle in corporate-friendly comment moderation policies under the guise of "civility." Why else would they bother? A voluntary code of conduct like the BCC one isn't really about protecting citizens who speak out online, it's about creating an environment that's safe for major advertisers.

And, in passing, Lindsay dishes out implicit high praise to me by mentioning and linking my previous post on the BCC in the same sentence as those of Kos, Bitch Ph.D., and Pandagon. That's some company to be placed among (even if Kos' post is particularly fuggheaded).