My utopian vision: First registration is free and automatic. Copyright holders get an automated notification of expiring copyright and renewal is, say $1000 for the first term (adjusting for inflation) and doubling thereafter (also adjusting for inflation, so you don’t get a $2000 renewal but more like $4400 with 4% inflation). For corporate-held and posthumous extensions, the term would be 10 years.
If copyright was inifinite, then Disney would never have been able to make Snow White in the first place. They didn't invent the story!
Even if they did, it seems like a huge negative to society for copywright not to expire.