Richard Schilling wrote:
I would like to present to you all a new Open Source software license I've written up.
[ ... ]

One the face of it, Section III, "Distribution Restrictions and Obligations." of your license fails to comply with OSD #1 & 2:

"1. Free Redistribution

The license shall not restrict any party from selling or giving away the software as a component of an aggregate software distribution containing programs from several different sources. The license shall not require a royalty or other fee for such sale.

2. Source Code

The program must include source code, and must allow distribution in source code as well as compiled form...."

See http://www.opensource.org/docs/definition.php.

--
-Chuck
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