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I paid 8 bucks for the album, even though didn't like it too much. But, I was willing to get behind what they were doing.
Sure, a lot of freeloaders took it for free, but there are also other people out there who love Radiohead, and know that if they want future releases from them, they should give them something for their art.
Even though most people didn't pay, it all evens out, money-wise. The best part of it is, they don't have to give any of the profit to fucking suits that have never created anything. For every creative person, there's someone trying to make money off them. Radiohead's method has cut the record company out of the equation, and they should be very scared about that.
Of course, this model will work best if you're already established, but it'll also work for a new artist as long as one key component is there---you need to have a good product. It's as simple as that. If you have something worth paying for, and people appreciate it, they'll pay for it, unless they are just total scum. I have faith that most people that like to appreciate art in any form are not scum, and will abide by the honor system.
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