Yes, but there is an important caveat here... YouTube has a "three strikes" policy with respect to DMCA takedown notices (which doesn't seem to take the result

Yes, but there is an important caveat here... YouTube has a "three strikes" policy with respect to DMCA takedown notices (which doesn't seem to take the result of the takedown into account), so if you dispute too many bogus ContentID claims you could lose your YouTube account. So I guess the next change to push for is that users should only get a "strike" if the claimant actually sues after a counter-notification (or something like that).