You obviously have an axe to grind, but you missed the point: the situation is such that people would choose to pirate movies even if it cost just as much as acquiring them legally. Indeed I'm guessing that there are private BitTorrent trackers which offer just that, presumably offering better seeder ratios or quality controls on content to justify the price.

I imagine if this "manifesto" were a blog post by a Silicon Valley celebrity, and it began "There's a huge opportunity being missed..." rather than "I will keep stealing your stuff until...", but had otherwise identical content, this thread would have a lot less discussion of the immorality of piracy and a lot more of how startups could disrupt existing distribution methods.