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IP decisions don't get bigger than the one handed down by the Federal Circuit yesterday in the long-running dispute between Oracle and Google over Google's use of Java code in developing Android. The case will continue -- with a damages trial at a time TBD, once the appeals of this appeals court decision are exhausted -- and will continue garnering significant interest from IP lawyers, software companies, and investors. Nothing like the prospect of a multi-billion dollar damages award to attract eyeballs. Now that Google's key defense -- fair use -- has been rejected by the CAFC, it is a good time to consider 3 immediate takeaways from this important decision.