Do you think Nintendo, Disney, and other IP holders, are going to roll over? Just like RIAA did when MP3s were being traded? They are bigger now than ever and the rest of us are stuck with laws that threaten fair use, eliminate first sale rights, and threaten people who just want to fix the stuff they bought.
The bear will only be poked so much before it decides to get up. If the fight seems existential, it’s not the content owners who are going to end up losing.
I'm excited because the tighter their grip, the more quickly people will realize that intellectual property is obsolete.
Intellectual property is a violation of nature anyway, so good riddance when that time arrives.