Should Congress Cap Statutory Damages for Copyright Infringement at 100x Actual Harm?

Cecilia Gonzalez downloaded 30 copyrighted sound recordings using a peer-to-peer file-sharing program. The downloads were unauthorized by the holders of copyright in the works; accordingly, Gonzalez infringed. Had she purchased the 30 songs off iTunes (for example) at 99ยข each, her out-of-pocket cost would have been (say) $30. After subtracting the commission Apple collects from [...]