This is a fourth rebranding of the proposed Patent Reform Act. Deckchairs get rearranged but there is little substance to all this and none of the driving forces have computer users in mind.
Some procedures get changed to make X more efficient and to improve quality sometimes for Y.
None of this solves the software patents problem in the USA. The software patents problem *isn't* caused by some bad apple applications slipping through the procedures. The problem is that software has to conform to standards (interfaces and data formats), and these are being covered by thickets of patents.
If there's 900 patents on something (i.e. mpeg), then weeding out the worst 10% changes nothing.
We need abolition, and we need Congress's support in this. The current Supreme Court has shown itself to be reluctant regarding substantial changes to law, and even if we won there, if we have no support in Congress then our victory would be wiped out by a legislative change.
Yes, do work on this proposal. Work to get software clearly excluded - you have to keep trying if you want to have a chance. But don't get overexcited. This is unlikely to be a big turning point - that is, of course, unless you get active and make it happen.
http://en.swpat.org/wiki/The_Patent_Reform_Act_(USA)
http://en.swpat.org/wiki/Harm_to_standards_and_compatibility
http://en.swpat.org/wiki/MPEG_LA