The blogosphere is a buzz this morning with news of the settlement between Google and the Authors Guild. Below are just a few good posts to get you started.
Jessamyn West posts links to the various vested parties announcements/info about the settlements.
David Weinberger translates legal speak into a brief, easy to understand explanation.
Paul Courant, the University Librarian at the University of Michigan, has an insightful post: From the Universal Library to the Universal Bookstore.
Dan Cohen at the Center for History and New Media blogs: First Impressions of the Google Books Settlement.