From what I read on this specific proposal, it's not entirely draconian and has some benefits to the user, since the process also implements transparency requirements and complaint mechanisms.
As far as the one-hour-rule goes; if I get an email about taking down content at 01:00AM, then I will naturally be unable to respond for atleast another 5 hours, German courts atleast agree that for such things, it counts when you are first aware of the illegal/infringing content, even if it's weeks after (though you already have an obligation to operate a contact through which you can be quickly reached when you operate in germany atleast, IIRC this proposal will introduce that EU-wide which is good IMO).
As far as the one-hour-rule goes; if I get an email about taking down content at 01:00AM, then I will naturally be unable to respond for atleast another 5 hours, German courts atleast agree that for such things, it counts when you are first aware of the illegal/infringing content, even if it's weeks after (though you already have an obligation to operate a contact through which you can be quickly reached when you operate in germany atleast, IIRC this proposal will introduce that EU-wide which is good IMO).