Pamela Jones (aka PJ), the groklaw blogger, asks and answers the question OK. But What Does It Mean? (Jacobsen v. Katzer), saying that
It means that while OSI's handling of a list of approved licenses worked very well for a community made up of FOSS programmers, who are decent folks all on the same page overall, now that enemies of FOSS are attacking, we need a new organization to vet licenses going forward a lot more carefully, one made up of experienced FOSS lawyers, none of them with a history of hostility to, or ignorance of, the GPL, with the community as advisors.