It’s not as big a deal as its made out to be. It’s always been possible to circumvent BluRay copy protection, although up until now its been a game of chess between the crackers and the content producers, who are capable of issuing key revocations to slow, but not eliminate the work of the crackers.
With the master private keys out in the wild, however, crackers will be able to issue their own software and device decryption keys which appear, for all intents and purposes, to be legitimate, thus rendering the key revocation process useless (since the crackers can create as many new, legitimate keys as they want now).
For the BluRay rip aficionado, there will be no discernible difference - the software has been commercially available for a long time now (ie. SlySoft AnyDVD HD), other than not having to wait as long for the apps to be updated to support the latest BluRay releases.
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-Scott
Last edited by sclitheroe; 09-16-2010 at 10:20 PM.
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