How practical. Patents always seem to work one way. US companies first, everyone else will not be treated with the same rules.
If you doubt this, here is a recent example in an accessible format about the US loosing a WTC dispute with Brazil, then proceeding to ignore the verdict and continue its unfair trade practices. NPR Planet Money Podcast is here http://www.npr.org/blogs/money/2013/05/03/180912847/episode-...
More generally, property rights favor entrenched interests and therefore entrenched interests have the greatest reason to push for strong enforcement of property rights. On the world stage when it comes to patents, the U.S. is that entrenched interest.