I have met with Michael Geist and I have read his piece. And I've read a number of other pieces. What seems to come out of that is that although these people are saying the money will in no way be affected, it is still up to the artist. If a piece of unfairness comes into their view, they are the ones who have to go to court and establish that it wasn't fair.
On March 10th, 2011. See this statement in context.