For those keeping track, this thread at one point was discussing the merits of companies which edit out content deemed unwanted by a certain set of the public, and reselling/renting those edits back to it's customers. Those companies were under litigation by Hollywood, and that first round of court has adjurned:
http://deseretnews.com/dn/view/0,1249,640193492,00.html

U.S. District Judge Richard P. Matsch issued his decision Thursday, ending a three-year court battle. In his 16-page ruling, Matsch said cutting language, sex and violence causes "irreparable injury to the creative artistic expression in the copyrighted movies" and referred to the businesses as "illegitimate."

"This court is not free to determine the social value of copyrighted works. What is protected are the creator's rights to protect its creation in the form in which it was created."

But it is legal to make a special DVD player which when scheduled, can skip parts of movies: http://www.sltrib.com/ci_4026743
While the case lumbered through the courts, President Bush signed the Family Movie Act in 2005, which legalized technologies used by companies like ClearPlay.

info via: stAllio's Blog