The EFF has released a white paper outlining a proposed solution to the file sharing wars. It may strike one as compulsory licensing lite, but that perhaps is unfair, as everything is voluntary in the proposal. Still, the system would have to deal with versions of the problems with compulsory licensing (not an exhaustive list).
The one thing that really irritates me about this proposal (and it irritates me every time I hear it, which is often: example) is the mantra that “artists and copyright holders deserve to be fairly compensated.” Yeah, whatever. For some highly variable and contentious definition of “fair”.
Derek Slater provides links here.
Discussion at InfoAnarchy.