AC95 writes "The FTC wants to give users a browser-based tool for opting out of online behavioral tracking, a proposal that has privacy advocates cheering and online advertisers up in arms. A key issue, says FTC attorney Loretta Garrison, is that while most consumers know they're tracked online, they don't fully appreciate how much information is collected. Tim O'Reilly, founder and CEO of O'Reilly Media, worries about knee-jerk legislation criminalizing mistakes that are an inherent part of applying any new technology." Read more of this story at Slashdot.