My Brother's keeper

Can our society continue to self govern itself?

The Internet has become our new source for expressing our First Amendment Right, freedom of speech. The Internet allows for multiple views to be expressed freely and with very little push back from the "Man". Views that are extreme and not very popular proliferate the Internet that can anger many, but still have the freedom to share their unpopular views. Some outliers who write blogs for the internet, push the envelope of free speech to it's limits, with only his or her fellow bloggers to police their words.
Granted there are rules and regulations that govern free speech on the net that have been established by the government and the supreme court, but in many cases the laws and punishment is handed down by the masses of judges and juries who comb the web, who are merely people like you and me.
Can this freedom of speech on the Internet be dangerous? Do we need more rules to control speech that could incite anger or should we promote the new freedom that the net provides to us all?
We depend on one another to govern the actions of our peers on the net and so far, it seems to be working.