EU goes for Software Patents

The EU looked like they were going to drop this dud idea, but for some reason have just pretty much passed it as legislation. So I can be sued for pretty much anything I do on the web from now on because some b*stard will have patented it (One-Click purchases anyone?).
What's even more ridiculous about this is that US patents will presumably come into force, while EU ones will only just start to be processed this year - so there will be a major disadvantage to EU companies because they'll have to battle against all the dross in the US patent stuff (Peanut butter and jelly sandwiches with the crusts cut off anyone? though admitadly that's not software)
Grrr.