Child pornography makes sense though, I can't see any civilised society ever being okay with that because of the permanent harm it brings to those involved. The ban has been in place since before the Internet, and thus it was brought to the Internet too.
There needs to be rules, but they need to be sensible and not limit speech. The other side of that coin though is the laws against copyrighted material, most people don't care and download stuff illegally anyway.
I can't imagine lawmakers backing away from the Internet, and I don't really want them to because before you know it someone would be monetising child porn. No idea how you would even begin to solve the problem of balance though.