Well put, the concept is in the eye of the regulator.
Do you think the censorship of "the internet" would be to a differing standard than that already applied to media/speech etc outside of the internet? My quick reading of the quote was that content on the Internet should be held to the same requirements as other media etc and therefore would be subject to the same checks and balances. I don't think the UK was particularly censored and repressed before the masses discovered "the world wide internet web" in the early 2000s.
Just to be clear here I should probably say i'm not hugely in favour of censorship although I do think people, companies and groups should be held to account for their actions be it on or offline if it is deemed to contravene the prevailing laws of the land. I just think a lot of the "FREEDOM!!!!" outrage is a little hyperbolic, but what do I know?
It's only a matter of time before someone posts how their grandfather died in two world wars so they could post anything they like. frankly i'm surprised we've not yet seen the quote normally attributed (arguably incorrectly) to Voltaire