I take the view that if you do something illegal then (however much loads of us may do it) we can't really complain if we get arrested for it.
It certainly is a waste of resources though.
What always amuses me (and the record industry tries immensly hard to keep under wraps) is that the reason music sales have fallen is because they're producing less. In fact, if memory serves, the amount of music released has actually fallen faster than the drop in sales.
Heaven forbid that they start producing proper music instead of manufactured s**te - its far simpler to blame the bogeyman of filesharing.
Edit:
A detailed (if sarcastic) analysis of the RIAA figures can be found
here.
[ 02-25-2005, 07:04 PM: Message edited by: shamrock_uk ]