I know, I use bittorrents etc. too, but more of the general population is moving towards iTunes, Rhapsody et al. to get their music for a nominal fee. The more tech-saavy people can still get free stuff, but that soon will dry up.
It'll never dry up because as the current stuff is regulated, the next generation is being worked on. Until the technology is embraced and used by the iTunes/Rhapsody/what-have-you, there will always be someone one step ahead. They are fighting an unstoppable monster and there's no forseeable way to stop it. Like a poster already said, I can get 10 free songs through a service in the same time, if not faster, as I can with iTunes and I'm not out $10. The Internet itself would have to be regulated and I doubt that could ever happen. So many "rebels" are out there wanting to beat "The Man", especially when "The Man" gets sue-happy. There will always be a way to get free content over the Internet; you just got to keep your eyes open to find it because "The Man" won't until it's five years too late.