I've read the Bill a few times, and I still don't know what to make of a lot of the provisions.
I think that reform is in need, but I don't think this solves the problems.
It will be interesting to see how this (and ACTA) intersect with privacy legislation/CL....the TMs seems to hint that this may allow for some balance. What I have/do on my personal computer should be only my (reasonable) interest.
I think you're right about the privacy aspect -- it will be
interesting to see what happens when this and/or the ACTA agreement
meet our privacy laws.