I don't know what to say on this one, really. I mean, it's Japan!! You can buy teenaged girl's panties out of vending machines--beer too--so, I wasn't too suprised when I read on lolicon for the first time a couple of years back. This is a country that is WAY open about it's sexuality, so it may just be "the norm" there--or it's starting to be.
Don't get me wrong. I would never encourage someone to go off touching little girls (or boys for that matter) and I don't the idea of mentally scarring children. But every man has at least one point in time when they see a young girl (between 12-16) and say, "Man, if I were her age...."
But I can agree that it's kinda out of hand in Japan. Here in America, you'd go straight to jail just for having a loli-fetish. I mean, if you just like the art, I suppose it's cool. I mean, it's pretty much hentai and I love hentai artwork, but it depends on how far you take that fondness of the art. But that's just manga/anime. With real people, that's different. I can't condone men getting off on pics of little (I mean LITTLE) girls. What can you see sexually about a girl who hasn't even hit puberty??