Being interested in publishing material, and having read through the new GSL and SRD I can say that it is definately better than the first version.
HOWEVER, for me the parts that scared me away are still looming there.
Section 6a, (Excesive violence or gore) What exactly do you consider excessive? Will my product be forced off the shelves because an npc got a paper-cut? My plan was to write a horror/survival peice... but I don't think I can set the right mood with a (for instance) PG-13 restriction on it.
Section 17 scares the hell out of me. Wizards has full rights to make somthing that looks similar or even exactly like what I wrote, and I can't do anything about it. Especially when you look at
Section 18 Waiving my rights to a jury trial of despute. If wizards does take my stuff, and I think its not right, I have to ask them politely to fix it and hope for the best.
However, Section 9.2 seems to say that wizards agrees that what you wright is your IP. But it doesn't go on to say that if they wright the same thing if it stays your IP or not.
The FAQ does state that wizards does not want to kill me and take my stuff... but if they so happen to accidently kill me and my stuff just so happens to fall into their pockets... there's nothing I can do about it.
Despite all of this negativity, however, I am still considering signing the agreement (Where as before I didn't even think twice as to saying "no") and that is a vast improvement.
At least this time, if they change somthing that I can no longer agree to, I'm not forced to retroactively have already agreed to it.