I haven't been to these boards in about 8 months, but I logged in and saw this thread and figured I'd comment.
As someone who is a music business major in college, I'm rather disgusted by the amount of illegal downloading going on.
I'm sorry, but you can't rationalize and moralize your actions with this one. It's illegal. It IS stealing. A song is someone's intellectual property. Taking someone's property without compensating them is stealing.
To reply to a few comments I saw while reading through this thread:
Someone rationalized their illegal downloading by saying that the artists don't get much of a cut anyway. This is very true that artists get a very small cut of the profits from album sales, but that does not justify your actions. Many people don't realize this, but when companies spend money to benefit an artist, they want their money back. The industry refers to those expenditures as "recoupables". So the money that was spent on tour support, on packaging, on manufacturing, on recording, on mixing, etc. is paid by the label up front, but it later has to be paid back by the artist. This is all in the contract that the artist signed when joining the label. Artists won't really see any profit from album sales until those recoupables are paid off. And a lot of the time that won't even happen until an album is certified gold (500,000 albums sold). So when you decide to not pay for the music you listen to, you are leaving the artist and label in debt. You are ensuring that the small cut that the artist would've gotten becomes nothing. I'm sure an artist would prefer a small amount over nothing. Their cut may be cents per album, but multiplied in the thousands, it does make a difference.
Someone also rationalized their illegal downloading by saying that prices are too high for the quality of all of the tracks. You are still stealing the tracks that you download. And there are ways of paying for the individual tracks you like without buying the entire album. And like someone mentioned earlier (I think it was 6string), your illegal downloading is the reason that album prices are so high. It's hard for companies to make the money they need to function now that illegal downloading is so popular, so they'll keep raising CD prices in order to cover their costs.
Someone else mentioned that downloading songs promotes the bands and encourages albums sales. This has been a popular myth for the last few years. Yes, there might be some individual cases where someone downloaded a song or two and then thought "Hey! This stuff is great!" and ran to FYE/WalMart/BestBuy to buy the album, but that's not what the average downloader does. The mindset of the average downloader is more like "Hey! This stuff is great! And I can get it all for free!" Usually people who download songs illegally aren't doing it to preview albums, they're doing it to avoid paying for albums altogether. If illegal downloading actually worked as a promotional device and encouraged sales, the music industry wouldn't be in the tubes like it has been for years.
Someone else mentioned that Christian artists wouldn't care about illegal downloading because their main goal is to get the gospel out there. While the Christian artist's goal usually is to simply get the gospel out there, making music is still their job. Creating songs is their job. It's not always a very profitable job, so a lot of songwriters have other jobs too, but they still should be receiving whatever payment is due to them for their work. And speaking as someone who has sold merch for and talked to Christian bands, it does bother a lot of them when they don't sell albums. I sold merch for one band about a week ago and the lead singer came up and asked me how many albums they'd sold and I told him 2 (they sold 4 by the end of the night). It was upsetting to see the look of disappointment on his face and he asked me why I thought it was that kids buy more shirts than CDs. Considering that most of the kids in the crowd hadn't sung along with a single song, it wasn't because they already owned the album, so all I could tell him was that they were probably going to download that CD. He just nodded and acted resigned to that fact. So I warn people to be careful when confusing resignation with apathy. No artists likes to have their music downloaded illegally, but most of them are aware that it's going to happen and that they can't do anything about it.
Someone asked whether downloading a song for free is illegal after the artist is dead. That's a trickier question. Copyright law dictates that copyright protection lasts for the life of the creator plus 70 years. So, if it hasn't been 70 years since the creator died, yes, it is still illegal to download their music for free. After those 70 years have expired, the song goes into the public domain and it is considered "fair use". That's why Christmas albums are so popular to make. Most of the Christmas standards are public domain, so artists don't have to worry about the mechanicals (basically payments) that are usually due to the original artist for the use of their song.
Downloading is the future of the music industry. The industry knows that. I believe that in the not so distant future that CDs will be to us what cassettes or records are to us today. (I'm personally really sad about that because I love buying and collecting CDs.) Labels and artists are realizing that there isn't profit to be made out of creating albums. You'll see more and more 5 or 6 song EPs for sale on sites like iTunes. And actually, much of the industry is turning its focus to cell phones. In 2010, there is supposedly going to be a huge boom is the cell market with phones having more and more music features. Basically I think the industry is expecting something very similar to the direction of how the iPhone is going now.
And to the young musicians who are thinking about a career in the music industry, recognize the downloading trend. You can't be for downloading and then be all excited about recording your first studio album. You can't have both. Your focus should be on singles.
And I'm sure someone will disagree with me on some or all of this, but I don't really care. I'm just sharing what I think and know.