In a report on ZDNet, the recent decision in Australia is raising fears about limiting net speech. However, the article quotes Glenn Reynolds, a professor of law at UT, as saying that this is a bad thing, not a horrible thing.

The likelihood of a US Court enforcing a foreign courts ruling is slim, but not certain. The main people that have to worry are those with assets in foreign countries that the suits are brought, like Dow Jones in the case in question.