Tim Berners-Lee approves Web DRM, but W3C members have two weeks to appeal
Everything that I have read suggests that this is standardizing what has already happened with video, which is a great deal better than the bad old days when companies relied upon Macromedia/Adobe for video streaming.  (Or worse, a plug-in from an obscure company with an unknown track record).As much as I would like to avoid DRM, relatively few producers are going to budge on the issue.  The only options are standardized DRM, non-standardized extensions to provide DRM, or simply doing without.  None of the options are particularly desirable.  This one is likely the best of the three.