Earlier quoted context omitted.
I think this is what shows that DRM really is hopeless. For DRM to work, it has to work every time. For DRM to be broken, it only needs to fail once. After one guy has extracted the media, it can then be distributed to the world even if nobody else can break the DRM.
Not really. The content providers only have to hold the line (a) on high-quality and (b) during the new-release window. It's true that eventual failure is inevitable, but the economic case for DRM doesn't rely on permanent protection.
PS: I will torrent a show I my DVR fills up or something. But, I don't cancel cable and download everything and I still pay to see movies in the theater. Why? Because there is no penalty for downloading it just becomes a moral choice and that's where I draw the line.