IP Donation?

I saw this on the intertubes today and found the image hilarious, but the concept really academically interesting. Would such a donation attempt actually hold water? Can a copyright holder effectively turn his/her IP over to the public domain this easily? What if you’ve registered with the US Copyright Office? Anyone wanna’ hazard a guess?
Credit to E. Roth for the idea and image. Oh, and click here if you want to download and create your own sticker for your driver’s license (also from Mr. Roth).
The Licensing Handbook Blog is the companion site to the Software Licensing Handbook. Covering a licensing topic every week, Jeffrey Gordon attempts to offer advice, add humor and sometimes even a bit of wit to a practice that most people find abhorrent – namely, reading a contract from start to finish.



