Piracy is not a market correction. It is a <i>superior product</i>. What.cd and waffles.fm, with their depth of product and usability, make iTunes and Amazon music seem like a joke.<p>The music hydra does not just have every album, it has most versions of every album. When what.cd and waffles.fm are shut down, they will be replaced by four sites, possibly more.<p>For example, for The Beatles album <i>Let It Be</i>, the following editions are available, as high-quality MP3s and FLAC (currently just FLAC for the vinyl rips, which is fine):<p>24 bit lossless vinyl rip of the 1970 Apple record. 24 bit lossless rip of 1982 Japanese vinyl. 1987 Parlophone CD. 2004 Apple vinyl rip (16 bit lossless, alas). 2007 Purple Chick Remaster. 2007 Dr. Ebbetts Remaster. 2008 Dr. Ebbetts Remaster. 2009 Apple Remaster.<p>When the music industry can offer a product superior to piracy, they will stand a chance. When the marginal cost of production falls to zero, classical economics ceases to function and extra-market restrictions are needed to force the continued existence of the market.