The value of the 'stolen goods' here is easy to peg - it would have cost $.08 per page to obtain it legally. Whether or not the item is "worth" the price charge

The value of the 'stolen goods' here is easy to peg - it would have cost $.08 per page to obtain it legally. Whether or not the item is "worth" the price charged is not a matter for the court to decide. But in another way you're right - piracy is closer to counterfeit than theft. The original item is still available to its rightful owner to sell, although the copy arguably dilutes its value. (An old roommate of mine got busted by the FBI for large-scale piracy, so I'm more familiar with it than I want to be.)