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This is one of the better written pieces I've seen recently about the Internet and China. It gives a well researched view of not only the issue of Google and censorship but also insights about the Internet users in China. Take the time and read the whole thing.
Note: I wonder if I were to add <!-- falun --> to my web pages, if that would be enough to have them banned in China. If so, that might prove to be an excellent method in preventing phishing attempts originating from China.