Re: People will definitely pay for music.
A lot of the people who say they'll definitely not pay for music, are people who listen to music. The ones who don't download for free or buy, probably don't care enough to talk about it.
Even those people who refuse to pay for music do value it. They derive a benefit from it, or they wouldn't go to the effort of getting it. The question is, how much is that benefit? Is there a way to stop them getting something for nothing, such that you don't piss off the people who are willing to pay? Or do you have to reduce the prices massively to get acceptance from the customers that it's more trouble not to pay? In which case we'll get less music, of a lower quality.
Historically people have been willing to shell out more money on music than they do now. In very recent history. So there's probably money to be had out there. What we haven't found is a way to make a market work such that if you don't think something's worth the price, you don't get to have it. You have to do without it. If that's no longer possible, then we won't have a free market in music, the consumers will underpay (I mean in economic terms here), they will have a consumer surplus, and at least theoretically the supply of music will drop until the amount people are willing to pay for meets the amount people are willing to produce.
Obviously just as there are free-loading customers, there are also musicians who'll work for free. Because they love to do it. As usual, society is moving too slowly to keep up with technology. Maybe in 20 years time we'll praise the free-loaders for having unlocked a new pargadigm of wonderfulness. Or we'll curse them for having destroyed the industry that gave them the stuff they wanted, but wouldn't pay for. Who knows? It's much more of a certainty that the record company executives will be screwing things up as usual...