I followed the link TechCrunch posted to oDesk since I need some work. I found some job posting that I found interesting and proceeded to sign up. Low and behold the first service agreement I read just wasn't palatable. From my understanding of their Professional Services Agreement, any pre-existing intellectual property that is incorporated into a project can essentially be used for whatever purposes oDesk wants.

I wouldn't have an issue if this granted a license to the company that has requested the work, but it is oDesk—the site that connects professionals with those that need work done. I have a body of code that's gradually getting larger that allows me to be more productive, and I like to set my own terms on its use. Sorry, I won't grant an unlimited license to it to a company whose unstated business is to hoarde IP.