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For now they are trying to use this against people sharing files over P2P networks, but if this stands it means that music, like DVDs, can't be moved to other devices for personal use without infringement of the DMCA. As pointed out in the site, the RIAA claimed in the past that making copies for personal use was legal and authorized. Now that they have the DMCA through, they are changing their tune...
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Fortunately, the RIAA doesn't get to decide such matters.