After reading up on it, I don't think I like it;. the main thing the bill is doing is moving from a first-to-invent system to a first-to-file system of granting patents. It seems like it could have a lot of unintended consequences.
paperwarior posted... I don't really get this. How does the government determine first to invent aside from who files a patent first?
I think in general the first party to file usually will win in such a lawsuit, but records (such as lab notebooks) are typically kept (at least, I know they are for drug development; I don't know if this is the case for, say, software patents), which can show that company A did in fact develop a product before company B.