What Good has the CAN-SPAM Act Done?

On January 1, 2004, the CAN-SPAM Act took effect. This legislation does not so much make unsolicited commercial bulk e-mail illegal as force spammers to follow certain guidelines or be charged with a felony and face years of imprisonment. The CAN-SPAM Act, ideally, would reduce the amount of junk e-mail most of us receive and make the stuff that does get through a little more palatable (or at least a bit less absurd and fraudulent). Since then, what has changed?
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