I'd like to see a standardization of EULAs along the lines of Creative Commons licensing. They have a human readable version of their licensing, logos/icons for each, and you create one by answering a few basic questions.
It seems like it would be a lot better than what we currently have, though. At least there would be a market for companies that aren't shitty about it.
I'd definitely be in favour of standardising some basic assumptions that all suppliers and all customers of some common types of product or service could rely on unless they explicitly and prominently agreed otherwise, though. It doesn't take a 10 page legalese monster to buy a loaf of bread from my local store, but there are still rules to protect both the store and me in that transaction.