FAIR USE bill pointless?

According to Ars Technica, the bill absolutely fails to provide anything useful to consumers:

Yet again, the bill does not appear to deliver on what most observers want: clear protection for making personal use copies of encrypted materials. There is no allowance for consumers to make backups of DVDs, to strip encryption from music purchased online so that it can be played anywhere, or to generally do any of the things that the DMCA made illegal in one fell swoop.

When are media owners going to realize that their content needs to be available everywhere. You can’t lock consumers into specific players or services and expect them to be happy. If I buy a song I want to play it on my iPod, my phone, my computer, and my home stereo.

If I got 60 minutes (viewers are basically 55 and up) as a daily video, commercials and all, that played on my iPod, phone, computer, and TiVo—I’d probably watch it.

The difference is that the younger generation of media consumers (this is me) want to consume media on our own terms: when we want to, where we want to. The first group to figure that out, and monetize it, will be the big big winners.