There are 6 rules of Podcamp (There used to be 7, but former rule #4 dictating that PodCamps be free was revoked after PodCamp Boston 2). The rules governing the organization and execution of PodCamps are (as listed by co-founder Chris Penn):

1. All attendees must be treated equally. Everyone is a rockstar.
2. All content created must be released under a Creative Commons license.
3. All attendees must be allowed to participate. (subject to limitations of physical space, of course)
4. All sessions must obey the Law of 2 Feet – if you’re not getting what you want out of the session, you can and should walk out and do something else. It’s not like you have to get your money’s worth!
5. The event must be new-media focused – blogging, podcasting, video on the net.
6. The financials of a PodCamp must be fully disclosed in an open ledger, except for any donor/sponsor who wishes to remain anonymous.

My guess is that there will soon be a new rule #7 instituted after PodCamp NYC 2 this next weekend.

If you don’t understand this, just smile and nod. :)