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Mount Rainier for Linux
Cpyder writes: "Seems like Philips is getting the "patents are bad"-picture, as they have decided to let Linux support the Mount Rainier next-generation file device system. Seems like the end of floppies+zips+cdrw+whatever is finally in sight. Check it out at The Reg."
Remember that it's not patents themselves that are bad. They allow you to ensure that you'll get a return on the huge amount of money you spend doing research on algorithms, processes, etc. Then, unlike copyright, they ensure that your invention is released into the public domain before several generations of people have come and gone.
Patents are only bad when abused. By abuse I mean obtaining overly broad patents purposely, forming companies whose sole purpose is to sue everyone that does anything remotely related to patents they purchased from others, or similar. It's perfectly fine to use a patent to charge people to use your legitimate invention, however.
Also remember that Free Software, no matter how obscure, can cut into your profits if people use it instead of your own software. Why should someone pay lots of money for your product that implements an amazing new encoding algorithm that you payed a million dollars to develop when they could use Free Software that does the same thing just because you were too nice to demand a licensing fee from "free" projects?
Don't worry, if the technology is that good, someone will find a way around it. Look at Ogg Vorbis, for example, which implements an intelligent audio codec without anyone else's IP.