Suppose that some copyright owner sues Bomis for infringement and damages that force Bomis and Jimmy into bancruptcy. Too bad for them. But the contents of Wikipedia is still available under GFDL and I suppose many people on this list have complete copies at home, from which they can remove the offending material and put the project up on a new website. So I don't think the project is at risk.
One of the ideas behind licensing everything under the GFDL is to allow people to create derivative works legally. If we, as a project, are not careful about copyrights, why should anyone trust us when we say, "Go ahead! Use our material. It's GFDL."? Our credibility is the issue here.
Lars, if you don't care about Jimmy's legal risk and don't care if he and Bomis go bankrupt, that's certainly your perogative. You don't have to remove any questionable material. But I'm going to remove it so that people won't have to wonder if using Wikipedia articles under the terms of our license is really ok.
-- Stephen Gilbert
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