Kids don't like CDs: iTunes Store now #2 music retailer

All this is quite fascinating and there is a lot of interesting information in that article.  I want to call out one stat that jumped up and bit me:

It said that the number of US consumers using P2P file sharing for music plateaued at 19 percent during 2007, while legal music downloads grew.

So not only has iTunes moved ahead of all other legal retail channels but one, the trend for illegal p2p file-sharing has flattened.  Illegal downloads are still approximately double the amount of legal downloads (19% to 10%), but the rate of increase has stopped.  (whether that holds is a question I leave to next years pundits).

Like everyone always says...go read the whole thing.