I think if I order a pizza, and they deliver it to me in a damn locked safe, and the safe is delivered as mine, as part of the order, I should have the right to blow that safe door open to get my pizza. I didn't ask for a safe around my pizza, Me and my friends just wanted dinner, and we're not going to buy a large each, we're going to share, and I guess we'll just have to watch the pizza industry fall around our ears as we do so.
Terrible analogy aside, aren't sales of just about everything still going up, despite us being in supposedly the worst worldwide recession since Ugg traded 3 pebbles for a small rock?
I think Mick Jagger said recently that it used to be that making music was just a job, like any other, from travelling minstrels up til the start of the 20th century, then around the 50s people started making real money, and maybe in 10 years the age of superstars will be over and it'll be back to people just making music as a job, not for fame and fortune, and that he considers himself lucky to have got in while the money was around. (I'm sure he said it in a much better and more succinct way than I did.)
You know what we'll lose from that happening? X Factor, American Idol, the Disney stars, etc.
Anyone with enough passion for music will carry on.
I do genuinely think despite there being a high rate of piracy, things will always sell, just the markets and the way things are sold will change.