Supreme Court rules against file swapping

The Supreme Court today has handed movie studios and record labels a sweeping victory against file swapping, ruling that peer-to-peer companies such as Grokster could be held responsible for the copyright piracy on their networks. In a unanimous decision issued Monday, the nine justices said companies that build businesses with the active intent of encouraging copyright infringement should be held liable for their customers’ illegal actions.
Does this mean the end to P2P? I think not… There are plenty of new encrypted and private peer-to-peer file sharing applications spawning monthly. Rodi, an anonymous Torrent application and several other p2p apps will succeed in Grokster’s demise..
What is so funny about this situation is just as the MPAA takes down 1 p2p app, 5 others spawn, some even offshore or opensource, immune to the MPPA and RIAA ridicule.
I feel quite bitter now having just recently booked our hotel room at the MGM Grand.