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The entire argument is a little simplistic.
Price per se is not nearly as important a factor in the porn/sex buyer's decision.
Porn is not much more disposable a product than food altogether is. Sure people may switch to ham form veggies and to alfalfa from ham, but sure as fuck they're gonna eat.
Some parts of porn can be stolen (videos are a prime example), some other parts can't be stolen (model interaction as a prime example).
So, under competition from thieves, porn will move away from stealables and towards unstealables. As afm said, price isn't really an issue, and people competing on price aren't exactly the sharpest in this here shed of dull tools.
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