Spotify - Streaming music For The Win!

I'm sure a lot of people has already noticed that Spotify has opened up to the public by now. It's a iTune-like thing that lets you browse through and listen to music from all over the world. However you only pay a relatively small subscription fee to get access to all this music. To me this sounds like the best way to combat piracy so far, granted that I've not red that much about the different ways to combat piracy when it comes to music.

Anyway, have a look for yourself over at Spotify to see what it's all about. Personally I don't see any reason for this to work very well for the guys that started it.