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HughMungus - 6:51 pm on Jan 4, 2005 (gmt 0)
It's really meaningless in the face of the law, though. Besides liability, another issue you might run into here is your contributors coming back to seek compensation (a la the AOL "volunteers" who sued AOL for compensation after the fact).
If you just want a TOS, why not just say, "All submitted articles are the property of widgets.com."