Peering Policies

I've recently had problems with 2 very large ISPs (I would estimate that
each of these ISPs has %10+ of the total network we think of as the
internet) that have some sort of direct peering arrangement, but the
circuit is so slow that it adds about 1900 ms of latency. Neither of
these ISPs seems particularly concerned by the fact that they can access the
other's network minimally, if at all. (For some reason some applications
running over TCP seem to timeout with 2 second delays...) So in order to
maintain connectivity to both of these providers, one would need to buy
transit from each. How does this figure into the future political and
technical growth of the net? Wouldn't this type of apathy tend to push
toward government involvement in this industry? If the largest networks
start to become largely unreachable outside of their internal connections,
wouldn't that force the governments of the world to become involved in order
to keep the net as the global business/political/economical beast it has
become? I mention no names as the specifics aren't necessarily relevant to
this list, although those of you on inet-access have probably seen my rant
by now.. :slight_smile:

Just my .02 cents.