Movies Releases Direct To Your TV Soon Possible?

The U.S. Federal Communications Commission approved a petition that disables the out-put functions on TV sets and copying commands on video recorders linked to on demand first-run films. In other words, a first-run, on-demand movie can be watched at home on a TV, but not taped. Blocking can occur for ninety days after the movie is released on-demand or until the movie is released on DVD, whichever occurs first.
The 2008 petition to the U.S. FCC was filed by the Motion Picture Association of America on behalf of Paramount Pictures Corp., Sony Pictures Entertainment Inc., Twentieth Century Fox Film Corp., Universal City Studios, Walt Disney Studios Motion Pictures and Warner Bros Entertainment Inc. Independent studios who wish to block recording must file a letter with the FCC.
A public interest group, Public Knowledge is protesting the move, stating that it gives large companies the ability to control an individual consumer’s TV or cable box.
What do you think of this? Are you OK with movie studios blocking your DVR?