The document discusses different stages of copyright reform and the debate around file sharing. It describes an initial stage of total control and panic by copyright holders, followed by stages of legal reform, abandoning DRM, and embracing Internet Service Provider (ISP)-level DRM. It notes trends around broadcast flags, universities censoring, and trade agreements. It also discusses whether to panic about or ignore file sharing rising, and losing legal and regulatory battles but winning practical ones. The implications for open source and acknowledgements are mentioned.