Why you little...! *shakes fist* HAHAHAHA!
Seriously, our stance on that is we know the album is being traded by people and we can't stop it. It's fucked but what can you do? If you come down hard on everyone who has a ripped copy of our album then you're just pissing off people who would otherwise probably enjoy your shows and tell their friends they like what you do.
I really don't have that much of a problem of people trading the occasional Dungeon MP3 since it sometimes introduces new fans to the band who ultimately end up buying our albums anyway. And with the albums, you get the lyrics, the sleeve and sometimes even stuff like posters and stickers which you can't get anywhere else, so the album becomes more enticing to buy that way anyway.
What we *do* get upset about is servers hosting the entire album for download, whether it be ours or other struggling bands like us. I remember a while ago there was someone hosting the entire last album from Alchemist... The first thing I did was let the guys know so they could take some action against it.
I can see where Metallica are coming from with their argument and essentially they're right, people stealing your music sucks and it's losing you sales to some degree but the issue I have with it is:
1. Lars is a dick and the way he went about it was really lame.
2. Metallica are BIG business. If they lose 10% of their sales from trading, so what? They get 9 million a year instead of 10 million. Poor kids!
3. It's gonna get traded anyway, let's face it. If it's not on Napster, it's on Kazza or Audiogalaxy or WinMX or IRC or wherever. You can't stop it so you should find other ways to offset the loss without pissing off the most important people in the world: the fans.
*ahem* Does this soapbox belong to anyone?