It usually isn't over until Wired sings so. Capital "I" internet is over. Because, well, Wired finally sung in their article It's Just the 'internet' Now.

« Effective with this sentence, Wired News will no longer capitalize the "I" in internet.

At the same time, Web becomes web and Net becomes net.

Why? The simple answer is because there is no earthly reason to capitalize any of these words. Actually, there never was. [...]

Still, the decision wasn't made lightly. Style changes are rarely capricious, since change plays havoc with the editor's sacred cow, consistency.

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. [...]

But now, by lowercasing internet, web and net, Wired News is simply giving the medium its proper due. » [Tony Long, Wired News]

Copywriters, be unafraid! We all await you braveness now -- kill those dirty capitals. Kill, kill, kill!