Here are some quick tips for adding simple Textile formatting to your comments, though you can also use proper HTML tags:
*This* puts text in bold.
_This_ puts text in italics.
bq. This "bq." at the beginning of a paragraph, flush with the left hand side and with a space after it, is the code to indent one paragraph of text as a block quote.
To add a live URL, "Text to display":http://windsofchange.net/ (no spaces between) will show up as Text to display. Always use this for links - otherwise you will screw up the columns on our main blog page.
Important in the sense that this is likely to be the watershed case that sets the terms of open source licensing by setting the clear precedent. So yes, very much so.
In some ways, this is an ideal case for open source fans. There really "doesn't seem to be any there, there" in SCO's case, and while the FUD may produce temporary problems the long-term benefits of the decision should outweigh it.
BTW, very interesting link at Groklaw re: the naked stock manipulation of the VC behind SCO and Vultus. Basically, it looks like they're running a corporate shell game that let them pocket several million dollars off of creating this legal controversy, where otherwise they'd just have had a bankrupt company on their hands.
I'd say a serious investigation of that little charade is warranted.