The question I'd like to know is just hiw much money does the record industry lose because of this?
the undustry claims in the millions. Personally, I've not purchased a CD or other form of music since my teens and early 20's. I have a radio, and I used to DL from Winmx until it shut down. Now I just figure it's not worth the threat.
The songs don't have enough value to me to risk paying fines or worse.
I don't think the music industry is losing anything. I believe that most people downloading music aren't the same ones that will go to the store and purchase.