HDCP “Master Key” Leaked?

End of days?  Armageddon?  Apocalypse?  Not quite, but this is very uplifting news to opponents of all forms of DRM, like myself.  There are rumblings that the "master key" has been found for HDCP, which would allow anyone to create matching pairs of keys.  If this proves true, this is most likely the deCSS of the Blu-ray era and may lead to very interesting things for us geeks to play with.

If the master key has indeed been leaked, this entire system becomes broken. With the master key, anyone can generate their own sink keys, meaning that, given suitable hardware, they could always make perfect copies of HDCP-protected content—and they could do so without risk of revocation.