QTrax - Free and Legal P2P High-Quality Music Site

It's bound to start. QTrax, a new Peer-to-Peer (P2P) music site, allows free and legal music download while compensating both the music artists and labels through non-intrusive and relevant ads. You can now download your favourite songs, even new ones, at high-quality versions without "hurting much" your idolized music artists and also without fear of getting caught for music piracy, optical media regulatory board, etc. It's very easy, just download the QTrax application software available at their site www.qtrax.com and follow the installation procedure. The software is available only for PC's and will not be available for Mac OS X till March of 2008 (according to QTrax website). Register and then off you go....
By the way, what's the impact of this?? This blogsite has a nice article to go with this QTrax.