For e.g. german law (european law too?) an EULA on install time does not care, it's void. I'm no lawyer, at least it can not limit basic rights, free speech or reverse engineering are some.
Btw, for an application that mainly is used to copy/hurt DMCA protected material, an EULA building on DMCA is a funny thingie.
Oops, I shouldn't have mentioned this....