I happen to believe that when I buy a song or a video, I should be able to consume it on the device of my choosing, and multiple personal devices for my own enjoyment as I chose. Big media creation companies have been working feverishly to strip me of that right. The Fair Use Act of 2007 looks to return sanity to this piece of IP law.
UPDATE: No surprise, the perpetually anti-consumer, ignorant-about-digital RIAA opposes it.
Nice.