http://news.cnet.com/8301-13578_3-57...l-your-photos/

So that's either going to:
a) make them a lot of money selling stuff they don't own.
b) end up in one massive messy lawsuit if it turns out to be against the law (like the digital millenium copyright or something)
c) kill it, as people will be scared off. (I would, if I used it, but I don't).

I'd be thinking c), personally hoping for c) (because if this kills instagram then companies in future might not try do it again), but somehow I'm not so sure because instagram is used by a lot of kiddies with iphones who can't even spell 'copyright'.

Sigh.
At least my not-so-instant-grams are safe this time, in a big folder labeled "films".