I'm totally fine with your proposal.

I especially like no-permission-needed for commercial use with predetermined royalties. Throw in patents and I'll be your best friend for life.

Another reform notion I heard (IIRC): Require formal renewal of copyrights. $10 fee per year to cover expenses. Allows Disney to keep their Tug Boat Willie and Mickey Mouse for as long as they like, without borking the rest of society.

My own reform idea: Royalty also paid to the government. For all IP, for all time. To enjoy our govt's subsidies, protection (tort), and adjudication (contracts), you gotta pay.

The aircraft carrier groups, diplomats, intelligence services, and lawyers needed to keep our markets open don't just pay for themselves.