Even if it is not jpegs it will be just shitty things.
People still buy padlocks to hang on a bridge and symbolize their forever love. Yes they "buy" it whatever the price is.
Even if the bridge exist to allow people to cross a river.
So, yes, the price won't do anything to stop any shitty spam, and it will not always be jpeg, but also someone that want to put an entire book in it.
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Spoken like someone that has no idea how much it would cost to put a book on Bitcoin
If padlocks were $1000 they wouldn't buy it... The price absolutely matters and Bitcoin blocksapce is expensive as shit.