I find the inclusion of the quote from Bob Cronin the remix maker smells of false hope.
Suppose Lessig wins the case. The greatest impact to record labels I could foresee is they would have to be more careful about their takedown requests.
It sounds like a favorable outcome for Lessig isn't going to turn the world of youtube copyright upside down and automatically grant an umbrella to legitimize works in a legal grey area. They're still going to receive takedown requests, and they're still going to have no recourse.