http://blog.earbits.com/online_radio/spotify-replaces-piracy...
"The service may do a good job fighting illegal file sharing but it also does a great job of eliminating any motivation to buy an album that you can listen to through the service."
In Europe Spotify's been available for a while. I was in on the beta when their catalog was a lot more restricted, and it was already impressive. With the majors on board, it's hard to see the freight train stopping.
How can one reconcile how wonderful it is for consumers with the payment statements that make us musicians cringe? I think of it as all-you-can-eat iTunes for very little per month; the recent competitors/alternatives pale in comparison.
They deserve a lot of credit for building a workable model that makes iTunes look like a rip off (I hate that software).
But they further dilute the value of recorded music, which is a huge paradigm change for the music industry that will ruin the viability of many musicians.
Perhaps we can re-educate the public to value music again by taking a pledge to pay for it, à la pg-patents? Something tells me this new, 'recorded music ~ free' paradigm is here to stay.