It's Just the 'internet' Now?

This morning Wired News announced that 'web', 'net', and 'internet' will no longer be capitalized in their stories. Is this the next logical step after ditching 'e-mail' in favor of 'email' , or should the global computer network still be treated with a proper name? For more discussion, see Wikipedia, The Chicago Manual, and an article profiling Joseph Turow's de-capitalization efforts.