MMORPG News - Who Governs Virtual Worlds?

An article at News.com asks which laws apply to virtual worlds?

As games like World of Warcraft, Second Life and EverQuest grow and develop more sophisticated communities, that question will become more and more important. So much so that a group of experts appearing Friday at the fourth annual State of Play/Terra Nova symposium at New York Law School here spent nearly two hours putting the subject in context.