[citation][nom]-unknown-[/nom]You'll never see any concrete figures on 'lost sales' as its all hypothetical.[/citation]
[citation][nom]D_Kuhn[/nom]I suspect that most downloaders are kids ... [or] those... strapped but have broadband access (college students for instance).[/citation]
You're both absolutely right-- The whole concept of "Lost sales" is complete balderdash! It's not even a philo-economically sound notion-- anyone with any sense knows that 85% of downloaders are people who, for whatever reason, CAN'T carve out enough of income to pay for a product (no sale lost)... the other 15% are typically hardened, stick-it-to-the-man types who WON'T ever pay for a product even though they can afford it (again, no sale lost)!
When I was a kid, and didn't have cash, I used to grab everything off of BBSs (or make copies of friends' discs)... when I grew up, and got a job that could adequately support my penchant for the accumulation of entertainment media, I actually quit pirating cold-turkey and started purchasing the music, movies and/or games I wanted...