Yes, it should in fact, copyright is not lost for abandonware, and that distributing or preserving it can still be illegal, but legality depends on licensing and permission. Now, in the capitalistic society we live in, what credit does the owner, under your system attain for creating the software in the first place? And as for your question "Should property rights mean anything when the owner has locked the door and walked away?", My answer is yes, and strongly yes, since as ownership is independent of usage, and if there was such a law, how would you enforce it? Time limit? But what if the developers needed a break due to life's struggles and challenges? Stating that it is abandoned does no good either since developers may even return to their old project, so I have answered your question and I beseech for you to answer mine, which is, what credit does the owner retain for building the original software, and going to the trouble of releasing all the dependencies and warnings?