Reaction to this mess has been interesting. The blogosphere has been pretty strong in its condemnation. In another area, I've watched discussion begin with "What's the big deal" and devolve into people making slut/ho jokes. And in Sanders' newsgroup, I've seen accusations that the only people getting worked up over this are wannabe losers trying to make themselves feel important. To that last accusation, I think it's worth noting some of the names involved in Transcriptase, including Eugie Foster, Jennifer Pelland, Beth Bernobich, and Janis Ian, among others. The author statements are worth reading as well, and I think it's important to note the range of reactions.
Would write more, but I've got a book deadline in 24 hours.
ETA: First paragraph edited to try to reduce my own biases. Thanks, shsilver.