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The consensus of users I have spoken with on English Wikinews about the license is to accept CC-by or any other licensing and to move on this issue rapidly. And, universally, the next words are "will this allow us to use fair use graphics?"
I agree with the license, and the clause allowing Wikimedia Foundation to relicense at a later date. It will need to be vetted by the legal team, and appropriate language inserted into the site. Speedy implementation would be nice.
Amgine