Vick, thinning the herd is always a nice thing. You are forgetting that when it comes to payment processors, the herd is already plenty thin enough. There will be more action there. That won't thin the herd, that will kill the online industry complete. We are thin already in the most vunerable spots, and the video industry would like nothing better than to have the online industry disappear, which will push people back to their products.
There seems to be a blissful ignorance here about how much the whole thing is on borrowed time. We are literally one dead processor away from mayhem, and one more away from nuclear winter. When the money goes away, the rest is pretty pointless. We are thin where it counts, taking money to the bank, and one well placed shot will bleed almost everyone out.
We will see how it turns out, and in the meantime, I will continue to hone my other businesses that don't involve CC processing for porn.
Alex