Digital Copywrite / Fair use

[sbur]

The discussion in the 10.2 thread has started to touch on issues of fair use and copywrite in the "digital age." C/Net has an article about proposed legislation to deal with it in terms of the MPAA and RIAA having free reign to invade P2P servers.

I know that catharsis is good, even healthy, but my intent with this is not to start a political argument about the specifics of who is supporting the bill and why.

I was actually wondering what people here thought might be a good solution to the problem of P2P facilitated copywrite infringment. It's a serious problem for the RIAA, MPAA, and all software developers.

Do you think P2P file sharing is fine even if the laws don't support it?

Do you think P2P should be regulated? (How would you regulate something like that?)

Do P2P client providers like Morpheus, Limewire, etc. have any responsibility ... as Napster was ultimately held responsible?

Can P2P be subverted from a hacker's paradise into a legitemate distribution mode for legitimate purchase of digital forms of works?

...the questions could go on and on...