Ok, so the Picker mobblog has some good coverage, as expected given the quality of the professors doing the writing:
http://picker.typepad.com/
Two interesting posts, which basically say the decision seems to permit, rather than prohibit, future tech: http://picker.typepad.com/picker_mobblog/2005/06/lichtman_hollow.html http://picker.typepad.com/picker_mobblog/2005/06/grokster_congre.html

Interestingly, Hillary Rosen, the former RIAA head, wrote yesterday that, "Because while the victory of whoever wins maybe important psychologically, it just won.t really matter in the marketplace." http://www.huffingtonpost.com/theblog/archive/hilary-rosen/the-supreme-wisdom-of-not_3221.html

--Ari