I get the impression that a lot of the people making a stink over this are teens or people in their early 20s who have plenty of time and not a lot of disposable income. I can't help but think back to my days as a broke high school/college kid torrenting music and movies when I spent more time than I care to admit downloading and labeling mp3 files when everything I wanted was available on iTunes for a price.

Some people are in a place where time isn't their most valuable commodity.

I'm not really defending them because, personally, I think the whole thing is stupid. Youtube doesn't owe anyone anything. If you don't like their policy go somewhere else. I'm just saying that for some people it is worth their time.