Pinterest Controversy

I'm sure that , by now, a lot of people would have become aware of the existence of a new social "networking" site called Pinterest. On the face of it, it seems like a good idea, a site where people could refer to the things on the interweb that interests them, by "pinning" them to an online board. Unfortunately that is a license to steal intellectual property. And, again, unfortunately, the terms and conditions of the site allow for this without any harm to themselves.
There is no point in me ranting on about this here when one of my most admired blogs has done it in a most cogent and intelligent way. Here is the Russian Photos Blog.