In 1983 Karl Popper and David Miller published an argument to the effect that probability theory could be used to disprove induction. Popper had long been an opponent of induction. Since probability theory in general, and Bayes in particular is often seen as rescuing induction from the standard objections, the argument is significant.
It is being discussed over at the Critical Rationalism site.
Manfred,
I calculated the result for about three different sets of probabilities before making the original post. The equation was correct each time. I could have just been mistaken, of course, but even Zack (the commenter above) conceded that the equation is true.
EDIT: Oh, I see now. You have changed all my disjunctions into conjunctions. Why?