To answer Ken's question, I know Bedfellow.com was one of the early players, along with a bunch of now-gone sites offering stolen content
netpics.cc which is now a separate site was originally part of the Badpuppy network, and dates back to at least 1996.
And... joining the ranks of those dating themselves, I had a 28.8 modem that most of the time connected only at 14.4 or so, with dialup Compuserve service as well as Internet service through my college. I remember downloading pics from a site run by a guy named Halvor Johansen who was in Norway and had a bunch of pics of naked guys he'd collected from here and there. However, *my* monitor was color... all 16 of them

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