Immunity proposed for copyright holders

This has to be a candidate for one of the worst proposed bills, ever:
IN GENERAL.—Notwithstanding any State or Federal statute or other law, and subject to the limitations set forth in subsections (b) and (c), a copyright owner shall not be liable in any criminal or civil action for disabling, interfering with, blocking, diverting, or otherwise impairing the unauthorized distribution, display, performance, or reproduction of his or her copyrighted work on a publicly accessible peer-to-peer file trading network, if such impairment does not, without authorization, alter, delete, or otherwise impair the integrity of any computer file or data residing on the computer of a file trader.
Trust me, it's worth it to read the whole thing, even if you don't deal in copyrighted works over peer to peer file sharing services.

I'm speechless.

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