Frank Field wins the laurels today for reporting live from ILAW: check out his running notes on the future of copyright.

A few words from Yochai Benkler, during the Q&A session:

"Music wasn't born with the phonograph, nor will it die with peer-to-peer. The record companies might, though.

Both of these presentations [Terry Fisher's and Charlie Nesson's] are conservative with regard to the current record industries. The pushback is definitely about the question of why shouldn't the record companies just die? ...[Artists] have existed without record companies. Why should we be attracted to sustaining them with these conservative proposals?"

Nesson's response: "So you would favor eliminating the copyright clause altogether?"