The much-reviled Recording Industry Association of America (RIAA) appears to be following through on its commitment, late last year, to cease actively prosecuting music file sharers.

The Wall Street Journal this week reported that the RIAA has fired MediaSentry, the company it had hired to track down illegal tune traders.

The RIAA isn’t giving up, though. It says it’s reached an agreement with major ISPs to “limit service” to chronic file sharers. The exact means the RIAA and the ISPs plan to use to implement such restrictions have not been revealed but several cooperating ISPs have said they will not throttle accused users’ bandwidth.

Stay tuned…