Streaming only sites

[Jeffrey99]

I saw this thread started on another forum and figured I'd ask it here. A guy I know just recently signed up for a site and it only allows streaming only video, no downloads at all. When he emailed the webmaster about it, this is the response he got
"Thank you for your email. We are aware that we are losing sales by not having a download option. We know that our product is not being blasted all over the tube sites on the internet for free either. You are correct that there is still the ability to steal our content….but the fact is that its too much work for too little reward. It will not be long before every site has moved to protect their content as we have done. Every site will be flash only, and the content will not be downloadable. Since you are familiar with many other sites it may seem like it is too big of a task, but its going to happen. We talk to everyone in our industry, and everyone is making this move."

I'm wondering what Rob's and everyone elses opinion is on this statement. Would you sign up for a site that offered streaming only video? I don't think I ever would, as it's pretty impossible to stream HD video without having a blazing fast connection. So then, would the quality of videos take a step back? Not to mention, anyone with a little tech savy can download just about any streaming video. So streaming only won't stop videos from finding their ways onto free sites.

Anyway, I thought it was a interesting question.