The Great Firewall of Europe

Glyn Moody writes "The Presidency of the EU's Law Enforcement Working Party wants to create [PDF] 'a single secure European cyberspace with a certain "virtual Schengen border" and "virtual access points" whereby the Internet Service Providers (ISP) would block illicit contents on the basis of the EU "black-list."' Leaving aside the fact that this won't work for lots of reasons, how seriously can you take anyone talking about 'cyberspace' in 2011?"