Waxy may very well be a service provider’s worst nightmare:

June 25, 2004: Starting this month, I’ll be burning through all my leftover bandwidth by posting large videos and audio on my site toward the end of every month. It’s Waxy.org’s Bandwidth Blowout!!

First up, the best TV pilot you’ve never seen: Ben Stiller’s Heat Vision and Jack from 1999. Jack Black stars as Jack Austin, an astronaut on the run from NASA after a solar accident makes him the smartest man in the universe. Owen Wilson plays his talking motorcycle. Produced by Stiller, who also appears in the introduction and as a strip club DJ.

Download it quick, before I change my mind.

June 28, 2004: Well, my bandwidth was blown. My server can’t handle the load, so I’m moving this to my BitTorrent tracker. It’s seeded locally, so it should be very fast. I’m looking into upgrading to a 100MBps uplink, so I don’t have to deal with this next month.

[The shrinking blue sliver is your email. CacheLogic Research]

Love ‘em or hate ‘em, peer-to-peer file sharing programs (p2p), led by BitTorrent, eDonkey, Fast Track and Gnutella devour 60% of the Internet’s bandwidth, leaving precious little capacity for more traditional services, like email, FTP and web traffic.

Folks like Waxy want their video and music now. And content providers like the BBC, Bertlesmann and Sky want them to have it… especially since p2p delivery costs them virtually nothing. Once a video hits the p2p network, it’s split into zillions of pieces, which are sent to disparate client-servers across many ISPs. That makes it tough for service providers to bill for or control. Worse, a relatively small number of users eat the bulk of their bandwidth.

Many prognosticators are unsympathetic to ISPs’ plight. Mark Cooper (Consumer Federation of America) told the Wall Street Journal, “They claim it’s a network-management issue when it’s really a revenue-maximization issue.”

Tech Dirt worries that the US Federal Communications Commission may aid-and-abet the anti-p2p charge by ignoring excessive upcharging, slow-tracking or even blocking of competitive or non-billable services.

While a few broadband providers enjoy monopolistic pricing power, many are already fighting for their lives, competing against a smorgasbord of cable, copper, wireless and now, even broadband-over-power line vendors. Many of our ISP friends originally built their business models around dial-ups for US$20 a month. In those halcyon days, a T1 could feed an entire college campus. Since then, every bump in cost they’ve passed along has earned them lynchings and scorn at the local Rotary meetings. And as we all know, there have been plenty of bumps.

Most are aiming for a not-so-happy medium by trying to throttle-back heavy users enough to keep the rest of their customers reasonably quiet, if not totally satisfied. After all, the email must go through.

One thing’s certain. As file sharing fever spreads from “Sally’s Wild Ride” to “Martha Stewart’s Apprentice”, p2p usage will skyrocket, along with all the spyware, viruses, legal headaches and Quality of Service issues it creates. And along the way, we’re all likely to discover wonderful new ways to enjoy the 21st Century.

Try not to think too hard about the ISPs we left dangling from the trees. Life goes on.