Obama names RIAA lawyer to DOJ

Some rumblings of discontent in the tech community with one of President Obama's picks for the Department of Justice.
Where do you stand on music filesharing? If you do it, the law is not on your side. But what about ethics? What responsibility do we have to properly credit and pay people who create original works? What's the effect of filesharing on the market? How does this matter?

Recording Industry Hits the Jackpot

Music file sharing took a massive hit yesterday when a federal jury awarded $222,000 to six record companies that sued a Minnesota woman for illegally sharing 24 songs. Yep, that's right ... 24 songs.
What's your reaction to this decision? Does peer-to-peer sharing violate copyright any more than burning a mix CD for your roommate? If you shared music in the past, do you worry that you'll be sued? Would you fight it or take the settlement? Do consumers have any recourse when the six biggest labels join forces to sue?