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From a legal standpoint, once you remove the images from the usenet posts and present them seperately, you have removed the context and are therefore no better than people who download content from the usenet and open a paysite. You can dress the pig up any way you like, but it is still a pig.
I look forward to every content provider possible sending the C&Ds, and further, sending you client programs C&Ds about allowing your content to be given away or redistributed in this manner.
Alex
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