The Atlantic reports: [edited]
I've yet to find anyone who reads the terms-of-service contracts that we 'agree' to on the various websites of the world. But now, a group of technologists, lawyers, and interested parties have created TOS;DR, a project to create peer-reviewed summaries of all those documents you will never actually read.
Launched in June, it's a brilliant and already-useful tool for some of the more heavily trafficked sites on the web. For example, if you're uploading photos to TwitPic, you might want to reconsider. They give the site their worst grade, a 'Class E'. Why? Well, they have an easy-to-understand summary right here. If you click on "Read the Details," you get an extended explanation of these warnings and can also link back (almost like a Wikipedia page) to the TOS;DR discussion that led to the thumbs-down.
Thanks to Conrad for the link.