Wired News will no longer capitalize internet, web, or net:
“But in the case of internet, web and net, a change in our house style was necessary to put into perspective what the internet is: another medium for delivering and receiving information. That it transformed human communication is beyond dispute. But no more so than moveable type did in its day. Or the radio. Or television.”
This is a good thing. Years ago, I remember arguing quite passionately with People Who Had Some Kind of Related College Degree that “web” should not be capitalized. I lost that battle, and have since occasionally capitalized it myself, for conformity’s sake.