A few people are up in arms against Google because they think they're violating the laws of net neutrality:

Google proposal runs counter to net neutrality stance @ Atlanta Business Journal

The Journal quoted an unnamed cable operator said to be in talks with Google that it is concerned such an arrangement could violate Federal Communications Commission guidelines that call for Internet providers to treat all traffic the same. Telecom providers have argued in the past that setting up such "fast lanes" for a charge is a good way for them to keep up with the cost of upgrading their networks to handle increased demands posed by mushrooming trafic at video sites such as Google's YouTube.

Google Wants Its Own Fast Track on the Web @ WSJ

The celebrated openness of the Internet -- network providers are not supposed to give preferential treatment to any traffic -- is quietly losing powerful defenders. Google Inc. has approached major cable and phone companies that carry Internet traffic with a proposal to create a fast lane for its own content, according to documents reviewed by The Wall Street Journal. Google has traditionally been one of the loudest advocates of equal network access for all content providers.

And then there's a bunch of stuff about our why-can't-he-just-take-over-now-as-President-to-be Obama, but very little on what Google's actually proposing: edge caching. It's this: instead of moving YouTube videos from Google's server farm, they set up other server farms all over the place that mirror popular stupid cat videos. Instead of connecting directly to the servers far away from you, if you're just after that one popular 'Tube, you get from nearby, saving bandwidth everywhere.

Not exactly something to worry about...