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From Transwiki

I hope you realize that Patent Attorneys must have a technical degree in order to be registered and practice before the US Patent and Trademark Office. Therefore, we are trained in the scientific method and we think logically and ration- ally, unlike our step-brethren, such as the useless, terroristic, gutter-crawling, personal injury attorney. We try to protect the scientist/inventor, and his original ideas.

[edit] Admin note

The only people that I've known to make money off any patent are the attorneys. The Attorneys create no wealth or IP - they only redistribute it. The claim that patents 'protect' the inventor seems to only apply to huge companies - and a recent MIT paper did a good job of showing that patents, in their present form, slow down innovation - they don't help mankind at all.

Or, as in this Maxim:

• "A patent provides one a license to enrich his lawyer." -kps

[edit] Multiplier confusion

After going over this article, being a novice in the field, I still have little clue what to do with the multiplier band. Is it supposed to be 10^(color code)?

Yes, it is the same-BBROYGBVGW is: Brown = 10 0 power (1x); Black = 10 1 power (10 x); Red = 10 2 power (100 times); etc.