Piracy is Progressive Taxation, and Other Thoughts on the Evolution of Online Distribution
by Tim O'Reilly

Tim shares 7 lessons about Piracy and Online Distribution:

Lesson 1: Obscurity is a far greater threat to authors and creative artists than piracy.
Lesson 2: Piracy is progressive taxation
Lesson 3: Customers want to do the right thing, if they can.
Lesson 4: Shoplifting is a bigger threat than piracy.
Lesson 5: File sharing networks don't threaten book, music, or film publishing. They threaten existing publishers.
Lesson 6: "Free" is eventually replaced by a higher-quality paid service
Lesson 7: There's more than one way to do it.

Thanks Karl, well worth the read.

-Peace