This damning 28 page report on the DMCA from Timothy B. Lee of the Cato Institute is a surprisingly quick and entertaining read. There's nothing new here but he tells all the important stories from the Rio to Lexmark, stopping off at Sony, Sklyarov, Felten and others along the way. He takes aim at various IP expansionists and Congressional ignorance and has this to say about the now retired Jack Valenti in his conclusion:
"Contrary to Valenti’s predictions, the VCR turned out to be a great boon to the movie industry... If this was Hollywood’s Boston Strangler, every woman home alone should hope for a visit. Well worth a ten minutes of your time."
Well worth a ten minutes of your time.
Update: Cory is pleased the Cato Institute has finally got off the fence on drm.