<RANT! This is now basically a rant ;_;>
Yeah, that gets said a lot.

But I suspect 99% of people don't read the EULAs. Even if he did I doubt he would have understood or digested it all (I know I couldn't!). If you do then more power to you!
Out of curiosity, how many of you have actually READ and FULLY UNDERSTOOD the EULAs that come with pretty much everything?
When was the last time anyone checked the SCP licensing terms for instance?
I sat down and went through the Steam one after it happened to see if there was anything we could do (I couldn't believe the whole '1-strike, lose all games with no comeback' thing), and there is so much legalese I was getting a headache before I was any significant way through!
But what it amounts to is that you have practically no rights at all; The 'agreement' is totally one-sided - For instance: They accept no liability for anything, reserve the right to terminate your account with no reason, own rights to anything you do in conjunction with steam and if you actually abide with the agreement, apparently you can't even take legal action against them unless you're willing to do it in Washington!
To be fair, it's more or less a standard EULA as with most software right down to the clauses about you not actually owning anything, except that unlike normal software they *can* actually pull the plug!
I think if people actually paid attention to most EULAs and took them seriously, very few would actually buy any software!
I sometimes wonder if half of the EULAs out there are even legally enforceable, or legal for that matter; They often claim to revoke or nullify rights that, by law, cannot be, and then there was the classic cases where you couldn't even read the EULA until AFTER you'd bought the game and opened the box (No more refunds!).
Often you are already in possession of the thing before reading the EULA and have not explicitly agreed to anything beforehand, but they get around this by implying you have agreed by installing the game or reading the text or whatever.
This, in my mind, is not far off me saying: "By reading this text you forfeit the right to take any legal action against me ever and also agree to pay me the sum of 2 million pounds! Bwhaha!" And expecting that to be somehow legally binding...
</rant>
(As an aside, I had a laugh at the Apple one as another friend was setting up his iPad; The agreement screen fit on the iPad screen and looked refreshingly concise, until I tapped on one of the paragraphs and it expanded into a giant monster!

Then I realised all 8? paragraphs/sections did the same thing

)