What does the XP EULA actually say?

EULA = End User License Agreement, the thing you quickly scroll past and click OK on when installing anything. This explains each section of the Windows XP EULA in plain english.

I never actually read through the entire XP EULA of course, but I'm glad to see my layman's take on this flavor of legalese turns out to be almost entirely correct.

Key bit:

You agree that at any time, and at the request of “content providers” Microsoft may disable certain features on your computer, such as the ability to play your music or movie files.

Gotta love Microsoft.