The bulk of the abuse (some people estimate 2/3's) is due to compromised
computers. The owner of the computer doesn't know it is doing it.
Unfortunately, once the computer is compromised any information on that
computer is also compromised, including any SMTP authorization
information.
SMTP Auth is not the silver bullet to solve the spam problem. ...
Right now SMTP AUTH is a bit more useful because the mailer can directly
identify the compromised subscriber. But I expect this to also be
short-lived. Eventually the compromised computers will start passing
authentication information.
Sure it's not a silver bullet. I think we ran out of silver bullets years