Hilariously late, but good to see something happening about it.
On the other hand, the article seems to suggest that a lot of it is still up in the air. These changes have been proposed many times previously and have never happened, so I'll be waiting to see something definite before I get too excited.
The transfer of music to mp3 players one interests me. What about music to mp3 cds for use in mp3 cd players? In that case, what about to computers? It'll take quite comprehensive laws to cover all these possibilities reasonably, so it'll be interesting to see where this goes. Personally I expect loopholes and obvious errors in the law of a comedic magnitude, but we shall see.