It depends whether ALL criticism of a religion is counted as blasphemy. Too often, pointing out that certain rules are outdated and wrong is seen as blasphemy. Too often, saying you don't believe is counted as blasphemy. Too often, saying that a certain moral position is undesirable is counted as blasphemy. Too often, pointing out that history doesn't agree with a religious teaching is counted as blasphemy. Too often, simply saying that religious belief can be a problem in itself is counted as blasphemy.
So, if a Muslim tells a Christian that Jesus was not God, does that count as blasphemy? If a Christian tells a Muslim that Mohamed was not a true prophet, is that blasphemy? If a pagan tells a Muslim that the Koran isn't a very good book, it that blasphemy? What is a Muslim tells someone that the Bagavad-Gita is silly? Is that blasphemy?
If someone creates a drawing of Jesus performing a sex act, is that blasphemy? How about if it is a gay sex act and it is Mohamed? What if it involves Jesus, Mohammed, and the Buddha all together?
In my mind, ALL of these should be allowed with no fine, period.
There should be *absolutely* no blasphemy laws at all.
Blasphemy is victimless and should not be a crime.