Do you read terms and conditions for software or do you just click "agree" and move on?

During various points in my life I have spent the time to read them but when my life gets busy, as it is at most points now, I just click “agree” and move on. They all pretty much say the same thing anyway.

Not too long ago some wise crackers at Gamestation slipped an interesting clause into their terms and conditions. It went like this:

“By placing an order via this Web site on the first day of the fourth month of the year 2010 Anno Domini, you agree to grant Us a non-transferable option to claim, for now and for ever more, your immortal soul. Should We wish to exercise this option, you agree to surrender your immortal soul, and any claim you may have on it, within 5 (five) working days of receiving written notification from gamesation.co.uk or one of its duly authorized minions.”

Read more: http://news.cnet.com/8301-17852_3-20002689-71.html#ixzz10hWN2IsW

It got me to thinking about how much trouble something like mindlessly clicking could get you into. And then I thought, “Who the hell has time to read all the terms and conditions?

So, do you read them? What sorts of problems could you imagine you could run into besides unknowingly selling your soul?