The much ballyhooed and anticipated Bilski ruling was released from the high court today and the big loser was, at a glance, just Bilski and his hedging method. Perhaps the high court is erring on the side of caution or perhaps the ruling is really meant not to be in favor of the patent office, but rather in favor of the patent system itself. Ironically, it is not that Bilski's patent is invalid that the high court disputes, but rather ironically, that the method the lower court applied to reach that conclusion was flawed.
Read more commentary on the aspects of the ruling or to download the entire 66 page opinion of Bilski v. Kappos
