Ether is law, but the example contract says nothing about websites, nor has any provisions to enforce the transfer of said site.
I think it's more appropriate to say that ethereum is naive
I think it's more appropriate to say that ethereum is naive
The benefit of etherscript in theory at least is that the wording of the contract is unambiguous, with the caveat that there may still be some areas where ambiguity is unavoidable. Which means that in the case of a website a digital bailiff could enforce the transfer. This is a clear benefit in some sense at least. How many times have you read about a court case and been bewildered about how someone could possibly be arguing over something that should be clear cut.
For contracts like a website domain transfer this sounds at least initially doable. What etherscript will have trouble handling is establishing what actually happened. It will undoubtedly be very good at specifying what the outcome of a sequence of events should be but as soon as it hits the real world the problem of establishing what that sequence of events was will still require some form of investigation and enforcement mechanism composed of people and thus there will still be an unavoidable amount of ambiguity there.
What happens if you want to change the contract? How do you revoke the previous one? I suppose this would have to be done in a manner that involves both parties, some sort of two part signing process.
What if there's a bug in the contract? The contract then becomes ambiguous and you're left with the same problem.