Does OSS Make The FCC Irrelevant?

JordanL writes "Daniel Fisher over at Forbes.com wonders whether or not OSS makes the FCC irrelevant. From the article: 'The agency might have made sense in the 1920s, Moglen says, when it was formed to assign specific frequencies to broadcasters so they wouldnt try to drown each other out by cranking up the transmitter power. But a new generation of intelligent radios, combined with equally clever computer networks, is making it possible for anybody to use the airwaves without interfering with anybody else.'"