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Net Neutrality
In a nut shell, Net Neutrality means freedom on the internet. Yes it would absolutely affect me. Although not perfect, I'm pleased that the FCC approved new rules that help protect net neutrality. The internet as it is has provided users with the ability to become entrepreneurs, it's helped people "visit" places they may not have access to, it's allowed me to fit an online class into my full work day. And it has allowed a forum where places like The Brad Blog can exist without fear of recrimination, or the Huffingtonpost gain popularity. As noted in wikipedia - without it could mean users being denied access to certain "lawful information" as companies seek to profit or another fear is bandwidth deprecation to a lower paying audience.
Where it is currently:
More clarity:
I found this statement helpful.
"Network neutrality is the principle that Internet users should be in control of what content they view and what applications they use on the Internet. The Internet has operated according to this neutrality principle since its earliest days... Fundamentally, net neutrality is about equal access to the Internet. In our view, the broadband carriers should not be permitted to use their market power to discriminate against competing applications or content. Just as telephone companies are not permitted to tell consumers who they can call or what they can say, broadband carriers should not be allowed to use their market power to control activity online."
—Guide to Net Neutrality for Google Users