I can't agree with this. You can't tell me that the latest boy band single that comes out is your birthright. It is a paradoxically impossible question. If you put the punishment for copyright infrigement at a "reasonable" amount - say, 10 times the price of the CD/whatever it comes on, then it costs more to chase the punishment than it does to get it back. If you put the punishment at a level where it potentially becomes financially feasible for the copyright owner to chase it down, then it is an asinine figure for the actual infringement.
And I can't agree with this. The RIAA shouldn't be going after someone who shared 24 songs. They should be going after someone who is sharing thousands or millions of songs. Then the cost per song, even if it is small like 10 times the price of a CD, becomes more than enough to chase the punishment. If it isn't worth their time to go after someone sharing 10 songs, then they shouldn't be going after them. It may well be worth their time to go after someone sharing thousands of songs.
This could be likened to shoplifting....it is illegal to shoplift, but you aren't going to do jail time for stealing a $10 magazine at walmart. You are likely only going to get a misdemeanor and 1 year of probation plus restitution. On the other hand, if you steal $1000 of merchandise (the threshold varies per state.. i think it is $500 in my state) then you are going to get a felony theft charge plus time in jail. It simply isn't worth it for the state or victim (walmart in this example) to pursue more charges on someone who didn't steal much.