johnsu01 writes "On June 29, Richard Stallman announced the release of the GNU General Public License version 3 to the world from the Free Software Foundation office in Boston, Massachusetts. His "ribbon-cutting" announcement was also a succinct wrap-up of the 18-month drafting process, summarizing the changes that were made and the reasoning behind them. Since the release, many people have been looking for a straightforward explanation of what they need to know. This a good place to start. The transcript and Ogg Theora video have just been posted. A torrent is also available."