I'm mainly referring to American copyright laws, but I'm still interested in input from non-Americans

There's been a flurry of recent postings of material calling for reforming copyright laws recently by libertarian organizations like the CATO Institute and Reason Magazine. I'd like the opinions of fellow open source enthusiasts. Here's some articles that discuss the issue:

http://thelibertarianrepublic.com/copy-right/

http://www.cato.org/blog/months-cato...+at+Liberty%29

Here's the lead essay that the previous link mentions. I recommend reading it.

http://www.cato-unbound.org/2013/01/...yright-reform/

In case anyone is unaware, the Cato Institute has made legal briefs to both the Appellate Courts and the Supreme Court against both patent and copyright abuses. They have also stood up for open source in their scholarly works.