You're right...
There's even a good chance MS won't screw you over because your motherboard fried itself. But should really have to deal with MS, just because your motherboard fried?
It seem like a hassle that I can, and actually do without, now that I use free - as in freedom - software. I don't have to worry so much about licencing for my small office with free software, which the proposed licensing discussed here actually makes things worse.
I don't want to deal with a weird idea like my software being tied to my hardware. Nevermind if it's fair, or if MS will or won't screw me over because of bad PC hardware. I just don't want to deal with such things. I imagine that the "outcry" pretty much resembles my position on the matter.