Long, Dense, but interesting aritcle. Samizdata.net - The Death of Copyright
It is hard to confront the reality of filesharing and reconcile it with breaking laws, and personal ethics. The article does a good, if ordy, job of explaining a position to which I personally am sympathetic -- most users do not feel that the utility of the product is diminished and its creator is punished by file sharing. It is pointless to argue whether it is true or not -- what is important is that enough people feel that way to make it work too well for any specific corporate entity to stop.
I also found the 2nd comment to be well thought out and presented. Read on.