Grokster gains ally with deep pockets: "For the most part, [the RIAA and MPAA] have chosen to respond by abandoning the principles of the free market and instead focus their attention litigating and legislating the market in line with their vision."
A good article on Arstechnica about the MGM vs. Grokster case.
Another good quote.
Are the stakes really that great? To say that this is the most important copyright case to make it to the SCOTUS since the original Betamax decision is not much of an exaggeration.