I've been reading an interesting paper by Peter Gutman entitled A Cost Analysis of Windows Vista Content Protection. It is a somewhat depressing read. I'm not sure how much of this paper is accurate but Chris Samuel has some support for Gutman's analysis. The comments on Bruce Schneier's blog are aslo pretty interesting.
No doubt, someone from MS will be along to defend Vista's content protection features. I look forward to seeing how this issue play out.
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