Yes. Lobbyist = legitimate bribery, and we need somebody bribing congressmen to start voting our way on patents and copyright (among other things.)
Of course, they'll be bribed to vote against small company startups getting in the face of goog and fb, so it's a double-edged sword.
While this may be a step forward in the fight against SOPA-style bills, this is a huge step backwards in the fight to take money out of politics.