AIM TOS

This guy's blog was linked from slashdot for his writeup on AOL's new terms of service for AIM. The section in question is "Content You Post" on the AIM Terms Of Service Page (about half-way down) which states:

Although you or the owner of the Content retain ownership of all right, title and interest in Content that you post to any AIM Product, AOL owns all right, title and interest in any compilation, collective work or other derivative work created by AOL using or incorporating this Content. In addition, by posting Content on an AIM Product, you grant AOL, its parent, affiliates, subsidiaries, assigns, agents and licensees the irrevocable, perpetual, worldwide right to reproduce, display, perform, distribute, adapt and promote this Content in any medium. You waive any right to privacy. You waive any right to inspect or approve uses of the Content or to be compensated for any such uses.

I wonder if they're going to print a book or produce a new tv series, "World's Funniest IM's"? Fortunately OTR comes to the rescue. Looks like I made the switch just in time. Only problem is, both ends of the conversation have to use it in order for it to work.