http://www.paulgraham.com/spam.html

Assuming they could solve the problem of the headers, the spam of the future will probably look something like this: Hey there. Thought you should check out the following: http://www.27meg.com/foo

The spam I get to gmail today looks like: Confirm your free sample

    To unsubscribe click HERE

    This email contains an advertisement from ABCNews,
    7 WEST 66th Street, New York, NY 10023.

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So are spammers losing the battle? Is it as profitbale for them now as 5 years ago?