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Reading much of the current hype about peer-to-peer technology (P2P in geekspeak), you'd think it was a sign of the end of the world. Ever since Napster, P2P has become the whipping boy of the entertainment industry. This has lead to the prosecutions of controversial targets such as teenagers and grannies, along with calls to ban the technology itself.
At first glance, the figures are certainly frightening enough. According to Forrester Research, digital piracy led to a 35-40 per cent drop in sales in 2003. The cost in monetary terms has been estimated at over two billion dollars worldwide.
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