What are the pros and cons of the MIT license?

[jdenen]

Given the open ended nature of #3, I want to accumulate a more concrete list of pros and cons for each of our shortlisted license options.

Please fill out relevant sections in your comments.

MIT

References

• summary

Pros

• todo

Cons

• todo

Other considerations

• todo

[skpy]

Pros:

• most liberal license.
• used by Ruby, and very popular within that community.

[PhilNorman2]

Pros:

• simplest license
• most compatible for combining code in other open source libraries
• permissive license which is preferred by TWG
• most commonly used license (although Apache is gaining on it)

Cons:

• does not explicitly cover patent grant (question for legal)
• would not cover trademark restrictions (if required)