As a former EU citizen, yes it was great. Most of the dirty tricks pulled when you register or buy something online were off by default, and even if I somewhat got ropped in some stinky mailing list a litteral single click would get me out of it. Even killing your account could be done in one legally binding email. No 50 pages "do you really want to quit ?" and no "Do you not not not not not refuse to to not let us delete your account ?" last question.
Now I'm feeling how bad it is on the other side of the fence, and the funny thing is people don't seem to give a shit because they never experienced decent regulation and being fucked by brands is just the way of life.