"DRM punishes honest people!" ... "Without DRM, people will steal and artists won't get paid!" ... Usage of Digital Rights Management (DRM) has been hotly debated since a college student threatened to put an entire industry out of business with a little application he built in his spare time, Napster. In this transcript of a speech he gave at Microsoft's campus, Cory explains why DRM doesn't work, why DRM is bad for society, bad for business, bad for artists, and a bad move for Microsoft. Using Sony and Apple as examples of companies that are using DRM to *punish* consumers, he suggests Microsoft use the opportunity to once again champion users' rights. To follow our current path, Cory argues, is to stifle innovation and contradict the purpose of American copyright law: to promote the useful arts and sciences.