According to an Australian judge, ISPs can't be held responsible for people illegally downloading copyrighted material.

http://www.theage.com.au/technology/technology-news/iinet-slays-hollywoo...

My prediction: the only thing that will change is the respective sizes of the bank accounts belonging to "entertainment corporations" and their legal representatives. Given the bad press that corporates have received for going after individual consumers, M'Learned Friends may stay away from that option for a while. But not forever.