In response to this post,
I don't see how the Grokster decision can be considered a "stupendous strategic loss" when it is in fact irrelevant. As the author points out, the P2P cat is out of the bag. There will always be technologies such as BitTorrent which are freely available as open source with no companies to sue.
Bottom line: give people a reasonably priced, convenient, legal option (e.g. iTunes) and they will use it.
As a side note, did anyone ever use Grokster? I didn't. The music industry's reaction to file sharing reminds me a bit of the US' reaction to 9/11. The (il)logic seems to be, if you can't reach the real culprit, at least go after somebody.