Yeah, I think copyright and patent law are terrible in this country. Way too draconian.
Copyright laws are fine in the US. Their only issue is that they apply for too long on software, but that's a small criticism and easily fixed (although sadly I don't see that happening any time soon). Also people are abusing the laws and making them apply incorrectly by twisting their definitions. That won't go away any time soon either.
US Patent law however is definitely draconian. And new laws like the DMCA are just plain wrong. They are "anti-tinker" laws. As citizens of a "free" country, I don't know how Americans put up with crap like that. Once you buy something it's yours to do with as you please. If you want to use it as intended, or hack it up and do as you please. Either way, some corporate doesn't have control over you and your actions. The Orwellian dystopia future is now.
I think the bigger problem at hand is the US Patent Office itself. For starters, it is grossly low on human resources. And secondly the people working there are so out of touch with cutting edge technology (a field that by it's very nature moves incredibly fast) that it makes it nigh impossible for them to accurately assess the status of a patent application.
Ironically, copyright and patent laws were invented in early US history to protect inventors, tinkerers and hackers (as in, people who hack at things - not the stupid pop-culture/media definition of the word "hacker"). These laws were put in palce to promote fair competition and progress.
Today these same laws are being abused by the rich to stop competition and prevent competitors from ever trying to make progress. And even if they are in the wrong, those with the deepest pockets will always win, as the little man simply can't afford the rediculously overinflated and uncontrolled legal fees. This in itself is why I don't see much hope for the system - lawyers are far too happy charging everyone through the nose to keep the system going along it's merry and utterly corrupt way.
I wonder what the founding fathers of America would say today if they saw the state their country's corporates have deteriorated to.