Pretty heinous: [link|http://freshmeat.net/articles/view/369/|Commentary] and [link|http://freshmeat.net/.misc/borland-license.txt|the license].
Among rights waived/intrusions granted: Jury trial, class actions, audits, and fnord knows what.
I have to admit being utterly perplexed as to (a) why the GPL is considered evil and (b) why Borland thinks they can pull this off.