Will every Smart Contract to come be surrounded by legal jargon saying that - if you do something 'we' didn't think of - it's illegal !? .. there is more at stake here than just DAO.
Dont be childish.

Luckily there is Common law. Contracts are all about consent; abusing a gap/hole/vulnerability in a contract is obviously non-consentual and thus illegal. Without such a legal framework, no contract in the world could exist. No contract is perfect.
http://www.coindesk.com/sue-dao-hacker/Now about this DAO thing, i don`t know much about it but why they take it down I cannot comprehend.
Why not fix the code, create DAO2.0, and move on? BTC has hard forked before, it is a learning experience. Why do people say ETH is dead? ETH was not even hacked.
BTC was hacked before and survived!!
Well said. Happened before to BTC and its yet to happen to ETH as ETH itself has not been hacked. ETH haters need to get over themselves and their disgusting irrational diatribes.