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To be completely fair, if Dreamhost's overselling method didn't work, they wouldn't keep on using it. How many YEARS have they been offering high storage?
It's a method that works for them (and many others) and they do see profit from it.
It's kind of a moot point to try to argue a point against Dreamhost, when they're extremely successful.
It'll also be nigh impossible to show an account using all 600GB that actually uses legitimate content. You can't use the accounts as a backup account (eg: just uploading your personal crap to it.) You've got to obide by their AUP and their ToS. Once you do that, it really limits the amount you can actually upload to the account. Which is usually what helps out in preventing from an individual using the full amount 'allotted' to him.
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