COMMENTARY–Will May 19, 2004, be a date that lives in infamy for proponents of VoIP? Two ominous developments took place on that day. The New York Public Service Commission declared Vonage to be a regulated telephone company. Meanwhile, several key companies pulled out of the inter-carrier compensation forum (ICF) that is attempting to negotiate a replacement for the outmoded access-charge regime. That brought the effort to the brink of collapse. These seemingly unrelated events illustrate the failings of the Federal Communications Commissions current piecemeal approach to VoIP, or voice over Internet Protocol. Though no one in Washington seems to want to make VoIP subject to legacy telecommunications regulations, we may be drifting in exactly that direction.