From OCLC news release:
“OCLC has formally withdrawn the proposed policy. A new group will soon be assembled to begin work to draft a new policy with more input and participation from the OCLC membership.”
The withdrawal of the proposed policy, and reaffirmation of the 1987 Guidelines for the Use and Transfer of OCLC-Derived Records, was based on the recommendations of The Review Board on Principles of Shared Data Creation and Stewardship.
Jay Jordon, President & CEO of OCLC promises the new group will develp “a record use policy that reflects both the rights of individual libraries and the needs of the cooperative to sustain and grow WorldCat for future generations.”
Sounds good to me.