There's a difference between respect of copyright and artificial inflation of value. The recording industry would have you believe that the consumer is stupid and has no respect for the value of the artist. This is simply false.
iTunes is a perfect example that given the correct price point, people will pay for music. The big issue is that price point might not be high enough to support the massive marketing and promotion machine that exists. That isn't the consumer's problem though.
In the end, it's actually a perfect example of my point:
When technology reduces the barrier to entry to next to nothing, industries that were predicated on high barriers need to adapt, or they will die. It's a good rule of thumb that the moment you start to do something other than talking to the customer of your service in an effort to preserve revenue, you have a value disconnect with your market.