From BMGs [Record Label] own mouth:
“The casual piracy, the school yard piracy, is a huge issue for us,” says Thomas Hesse, president of global digital business for Sony BMG. “Two-thirds of all piracy comes from ripping and burning CDs, which is why making the CD a secure format is of the utmost importance.”
That means that the biggest piracy of them all by far isn’t filesharing according to this particular Record Label; its the ripping/burning CDs. The same kind of “piracy” that has been executed ever since the release of the tape deck.
Suddenly, my fears that filesharing could of actually damaged legitimate sales in any significant manner completely dissipated.