P2P Downloading and File Sharing

Peer to peer downloading and file sharing is now one of, if not the most popular uses of the internet within today's generation. The downloading and sharing of files takes place in networks such as Limewire, which provide individuals the opportunity and tools to search and download files from each other on a limitless basis. One of the prominent features that have lead to the success and popularity of this medium of obtaining music is the variety of music itself. Because of the extensive number of downloaders and sharers, the variety of music is vaster, giving the user a very eclectic selection of music files to choose from. Another aspect of the sharing and downloading of music over the internet that has made it immensely popular is that it can perceived as a "win-win" situation for both parties involved. Not only do you get to find songs that you never knew of, but have grown to love, but also get to share your own unique taste in music without the loss of those files(hence, the term "sharing"). The simplicity involved in this attainment of music has lead in the virtually exponential increase of file sharing. There are, according to Webnoize, over a billion files being shared on these downloading networks, which is almost double the number of files from two years ago. There is estimated to be more than one billion music downloads in a week alone.
Although the monetary and convenience benefits are too appealing to pass up, as with anything else college students are infamous for, there is a lack of satisfaction when morality is brought into the argument. Those who produce file sharing networks, those who benefit from these networks, and those who's businesses suffer are constantly discussing(arguing) the implications it may have on the future of online music. On one side of the argument, there are the "Big Five" that constantly complain about copyright infringement, but back it up through lawsuits. What I take from this is that their sole purpose of