Much of this post is arecontextualization of a post I did on the IDC listserv about the fact that we frequently do NOT read Terms of Service (TOS) and End User License Agreements (EULAs) when using social media, or technology in general. If one looks closely, many popular sites claim ownership of all information put on them (myspace does this, or very close), and Second Life takes no liability for the reliability of its software, service, possible monitoring of user activity, or the veracity of its core currency (read the ToS).