Looks like Pieter Hintjens, the CEO of iMatix, has a bone to pick with the often accidentally-pressed, close-to useless key. He's already started a blog called Capsoff and also a forum at Google Groups.
"The Caps key is an abomination," Hintjens writes on his blog. "It's a huge key, stuck right there where the Ctrl used to be, and as far as I know, it's only used by 419 scammers and Fortran programmers."
Cool. Good point, however we need a devil's advocate p.o.v.: WHAT IF YOU NEED TO SHOUT AND YOU'RE NOT SO GOOD AT PINKY PILATES?
What side are you on? If you're con, you know where to go (see above). If you're pro, make sure to celebrate Interational CAPS LOCK day.
Funny how is this key is spelled in all lowercase letters on Mac keyboards.