I spend most of my disposable income on CDs and vinyl, I download occasional stuff off iTunes and I also download loads of audience recordings of 30 year old gigs that are never going to be officially released and would bring no money to the artists concerned even if they were.
So, despite my spending on legal music (physical and download), under this law you would fine me £50,000 and stop me from shopping on Amazon, Sister Ray, Recordstore, etc and stop me being able to legally download from iTunes. I see how this will help the music industry, what with me having no money to spend on legal music and no access to buy it anyway (since all the record shops closed down and the internet became the main source of actual CD and vinyl sales). Doh!