Ok. How much did you make today because your customer could rip out his wallet and give those 16 magic little numbers with out even thinking about it? How much did you NOT lose today, due to the fact that with todays Internet billing, we have shared fraud screening, and smart software that can see if a card is being used beyond the normal usage (such as is the case with stolen CC's)?
I'll agree the CVV2 should have never been used by the online community, in fact my credit card company told me to never give out that number, FOR ANY REASON!
Sorry Pete Dogg, just thought I'd put up the flip side of your pondering question

No disrespect intended!