Actually, I think that in some ways the opposite is true. Back in the height of the L&C craze days there was a lot LESS free content if anything. I remember I used to look longingly at the few pics that were previews for L&C sites and tapes because back then I was in school and had no income. There was no youtube, no photo sites like webshots/myspace/flickr. The only way you could see L&C was through paid content or the occasional blurry picture from previews on those sites or wrestling sites (not to mention the 33.6 kbps speeds). The Yahoo groups were the only places where you could see any number of pictures.
Then came a period of a lot of free content out there just from normal people lifting each other and putting it in photosites or youtube. Not to mention the huge difference caused by broadband internet. I remember the days when finding four or five new lift pics a day used to make me so happy. Then in the new period, I could find twice that in one casual search on any one of the photo sites. In the height of the new period came our old forum where we used to have posted of 20, 30 new pictures a day.
Because of the ton of free content, the paid L&C content has dwindled, IMO.
Now the cycle is changing back. Privacy controls and the switch to Facebook for people's photo albums is reducing enormously the number of free random pics. Youtube is going more corporate and people are putting less clips up of themselves doing random things like wrestling and more of web shows and songs etc to get famous/start online trends. But in the meantime, the paid L&C scene has not recovered from the blow of that intermediate period. And I think a lot of people also lost their hardcore interest in L&C simply owing to the fact that it became so much more easier available in public venues. The same people who used to spend hours searching for a handful of pics (people including me!) now can't really be bothered with so much effort since a) its easier to find and b) many of us are older now and have more responsibilities and less time to be messing around looking for fetish material!
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