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I think pricing for music downloads is going to evolve beyond what was reported earlier today.
First, MP3s will be cheaper than uncompressed music files. The uncompressed music file you find on a CD is much better than an MP3. This is to be expected: MP3s are compressed to 3 or 5 megabytes – the original file is often 40 or 50 megabytes. It seems to me that an MP3 is worth maybe a third of what the uncompressed audio file is worth.
Second, hits are too valuable to price like other tracks. Most hot-selling CDs have just a few hit tracks. If a new track that no one’s heard of yet is worth 99 cents – what’s “Hot in Here” worth?
MacCentral has an article today on what the new prices are expected to be for Apple’s anticipated new music download service:
Reportedly, Apple’s new service will be integrated with iTunes and will work solely with Macs, at least for now. Users will be charged $0.99 per song and $10 or so per album.

It appears far more likely that we will earn many friends; and that the result of the war will be an ally for the U.S., in the new Iraq.