Jon Johansen, the Norwegian programmer who cracked DVD encryption, has effectively done the same with iTunes DRM-ed music.
"We're about to find out what Apple really thinks about Fair Use," Johansen told The Register via email. Johansen cracked iTunes DRM scheme in November by releasing code for a small Windows program that dumps the stream to disk in raw AAC format. This raw format required some trivial additions to convert it to an MP4 file that could be played on any capable computer.Link (via pho list)
But in the best Apple ease-of-use tradition, Johansen has now made this completely seamless, integrating it with the VideoLAN streaming free software project.