The most glaring flaw in the design of the current ISP model is that it directly contradicts the design and implementation of the internet. The internet is a platform that is open to innovation and competition, and thereby moves control to the customer. Our onramp to the internet, the ISP, is a closed platform that takes control from the customer.
The internet moves power to the consumer and provides a wealth of choices. ISPs control power by controlling infrastructure and, therefore, they constrict choice.