Supreme Court Rules Against FCC Decency Standards
In essence, the US Supreme Court has ruled it illegal to fine TV broadcasters for obscenity, vulgarity, profanity, and nudity on public broadcast television.
It's not clear just yet what the day to day ramifications of this ruling will be, but it's probably safe to say that most major broadcasters will still heavily self-regulate to avoid backlash. That said, you can definitely expect some edgier content in the future.
I'm interested to see how this effects paid TV services like HBO now that their main draw (no censorship) is on an even playing field with broadcast TV.