Licensing source code, the Adobe way 10:45 on Monday

While investigating the license of SpringGraph for a client Flex project, I came across the following snippet. Mind you, this is from the license for a library distributed as source code:

Licensee shall not reverse engineer, decompile, disassemble or otherwise attempt to discover the source code of the Software.

As defined by Adobe in the same license agreement, Software means the files, libraries, and executables including all Documentation and other materials provided by Adobe to Licensee under this Agreement.

How seriously should I take such a contradictory license agreement? Is there any way such an agreement could be enforceable? After all, distributing source code with a license that prohibits viewing the source code is rather dim, isn’t it?

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