The original poster was referring to the law: it is quite clear that when you buy a CD or a book you own it outright, you are not licensing the content as they would like. (See wikipedia Fair Use page for legal info). So the author is wrong about this. The EULA will only be valid if a court holds that he entered into a contract prior to purchase (unlikely IMO). Otherwise, the law says he owns the content, and can do what he likes with it, apart from redistributing it. Among other things he can sell it. The only caveat is that he can't circumvent the DRM due to the DMCA.
Emil

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