well one must read it WHY ?
Well the idea of EULA is that you enter into and agreement with the manufacturer of a software which you are installing on your PC. Mostly its when you install legal version of the software, you must read it. IT contains warranties and your legal rights.
Ya its a boring thing to do , i agree. But i read the EULA of Windows XP but that was only after installing it. One fine day i took out time to read it.
Generally the software you install , if they are from trusted source then its ok , like Office XP, Photoshop, etc you can ignor the EULA. But when installing Freewares do try to read the EULA , well i just do that.