Boing Boing pointed to a response from Howard Knopf to Richard Pofhl, who wrote a response to a piece that Geist wrote on the 8th of this month. *whew* You can read the whole exchange: follow the links.. My insight is below.
Michael Geist June 8
Richard Pofhl June 12
Howard Knopf June 17
– Compared to the rest of the world, Canada’s file sharing has decreased as its broadband ranking has decreased. In other words, other parts of the world are getting faster speeds and are using those faster speeds to download.
This is the perfect corollary as to why ISPs in the U.S. refuse to – or even admit the need for – upgrade their networks. “Upgrading isn’t the problem” they say. “Traffic is the problem.” That’s a classic cop-out. Instead of upgrading their service, they buy their competitors so that no one can offer better service. All of this is done for one specific reason.
Anyone who says that the ISPs can’t see the future is blind. They know where all of this is going. Eventually, every form of media will be served across TCP/IP (the internet). They are biding their time. If they don’t upgrade their networks, and continue threatening to cut off people’s access, they hope to wait until the media companies are prepared to distribute across their pipes. Then they’ll cut exclusive deals and collude with the biggest ISPs to transform the internet into the technologies it replaced – television and radio.
That is why the ISPs continue to focus on traffic, piracy and bandwidth caps rather than network capacity and transfer speeds. They are not going to build a fast network until they can fully control the traffic that travels across it. And perhaps not even then.

http://feeds.boingboing.net/~r/boingboing/iBag/~3/WiMhsipu9DM/truth-about-myths-ab.html
http://www.thestar.com/comment/columnists/article/647038
http://www.thestar.com/article/649521
http://excesscopyright.blogspot.com/2009/06/more-myths-about-myths-about-file.html