Except every few months Apple changes what "Fair and Reasonable" means. They've decreased the limits on how many times you can burn a play list and removed the ability for an iPod to play Real's files, among other changes.
I would be more willing to evaluate an iPod and iTunes if I knew exactly what I was signing up for. Right now it is "DRM plus whatever Apple wants you to have" and that is a situation that is so heavily weighted in their favour that I'd rather not sign up to, essentially, borrow music from Apple without knowing the terms in advance.
People need to wake up. When people say "DRM is bad because it gives a corporation too much power and take away too much from the user", they can't also say "Yeah, but Apple is good."