July 18, 2008:
Defendants deny that Second Life allows for the actual “conveyance of title” in “virtual land,” as “virtual land” is not property to which one may take “title,” but instead a license of access to Linden’s proprietary servers, storage space, bandwidth, memory allocation and computational resources of the server, which enables the experience of “land” and the things that one can do with “land” on the Second Life platform.” from statement by Linden Lab in Bragg vs. Linden case via The Forge
Interested in owning your own piece of virtual real estate?
from graphic on home page of secondlife.com
Wow! I'll post a few comments when smoke stops pouring out of my virtual ears.
Part Two continues here.