These are the packages that would be merged, in order:

Calculating dependencies ... done!
Dependency resolution took 0.89 s (backtrack: 2/20).


!!! All ebuilds that could satisfy "media-libs/faac" have been masked.
!!! One of the following masked packages is required to complete your request:
- media-libs/faac-1.31.1-r1::gentoo (masked by: MPEG-4 license(s))
A copy of the 'MPEG-4' license is located at '/Volumes/Disk 1/Repository/portage-git/licenses/MPEG-4'.

- media-libs/faac-1.30::gentoo (masked by: MPEG-4 license(s))

(dependency required by "media-sound/darkice-1.6::gentoo[aac]" [ebuild])
(dependency required by "media-sound/darksnow-0.7.2::gentoo" [ebuild])
(dependency required by "=media-sound/darksnow-0.7.2" [argument])
For more information, see the MASKED PACKAGES section in the emerge
man page or refer to the Gentoo Handbook.