A great essay, Jack. Always a pleasure to read well thought-out essays on p2p!
You lay out nicely the huge difference between the old, crumbling scarcity economy and the new, emerging luxury economy in the realm of digital information. After three years of p2p the paradigm change has become inevitable. The core technology for the new order is already invented and demonstrated, and it is both understood and well received by the great masses. The only thing still holding up the old house of cards is a few corrupted copyright laws and a few corrupted legislators behind them. And even they can only cause some friction and delay to what is going to happen anyway.
- tg