Copyright quandry: Turning media content into moderated protest

Just launched on Oct. 28 is Internet Vets for Truth. Here's what has to say:

"They're featuring tons of documentary video highlighting the records of both George W. Bush and John Kerry.

Regardless of your political leanings, I'm impressed by this new form of political protest. This group of computer geeks is expressing themselves in the way they know best: by making information as freely available as possible.

The copyright issues are interesting... Almost all the video is under copyright, but because it's being moderated and used as a form of protest, it's being turned into political speech. I doubt a free speech/fair use argument would fly in court, but more importantly, I don't think the copyright holders will care in the days leading up to the election."