I have argued at length in the past about the dangers of centralized registry-based DRM such as Windows Genuine Advantage. This is why. The single point of failure renders all your documents - document you own, documents you may have actually authored - inaccessible. More links from Metafilter. And Daring Fireball. And Copyfight asks, reasonable, is private DRM a public failure? (Hint: the answer is 'yes').
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