The actual production cost of things like software include all that. You might think that most of it isn't socially *necessary* labour, but that would be to forget the context. In the context of capitalism, it *is* necessary. Shortages must be artificially maintained, or else the economy would collapse.
[WS:] I agree, and I explain that in my response to Travis posted to the list.
My only point was that LOTV is a rather blunt tool of limited use value ;)
Wojtek