Will ICANN Shut Down the Whois System?

The Internet Corporation for Assigned Names and Numbers is thinking in shutting down Whois, the service which allows anyone to find detailed information about any domain name.



ICANN doesn’t agree with how the system works, saying that no one should be obligated to show private data when registering on the Internet, because it will be very easily accessible to spammers.
The Whois database includes important information for law-enforcement officials and ISPs that are fighting continuously against fraud and use the data to reach copyright violators for example.

Along time, there were many complaints about spammers that use Whois information to send junk mails for website hosting.

While some are hundred percent convinced that the website should be shut down, other want just to force the website to stop providing all information and let the other sites decide which one wants to let users have free access to their information.
I personally agree with the latter. What do you think?