Courtney Love's music is almost as terrible as her personality. She's probably the worst person ever, though she's still spot-on in alot of that article.
I also follow the "if I like it I'll find a way to get the artists some of my money" rationalization for pirating music. But I do follow through; I'll buy a band's t-shirt direct from their website and/or see them live if I have the chance, both of which put FAR more money in their pockets than buying a CD. One flaw in that line of thinking, though, is that it excludes all the people who work in the music industry and aren't artists. That $15 for a CD doesn't just go to fattening Tommy Mottola's or David Geffen's pockets, it also goes to the audio engineers, producers, graphic artists, etc. who are instrumental in any given band's finished product.