If you found out that your internet usage was closely monitored would you cancel your internet service?

I personally would not cancel my internet service. I'm pretty boring - I don't have anything to hide. Email, facebook, youtube, & photoshop blogs are about it for me. So someone watching that wouldn't bother me. However, I do think its an invasion of privacy for the most part and I could see other people being upset by it. There are laws in place already protecting people from having this type of data recorded for general use, but it is always accessible by law enforcement or the government if they have a need to know what a person is looking at. It seems unfair, but wouldn't you want the government to know if your neighbor was googling ways to terrorize the country?