Hope this precedent sticks.
Disclaimer: I don't think downloading copyrighted material is good. Most people I know feel bad whenever they do it. However, the law as it stands right now is pretty stupid.
Companies/Government really just needs to focus on finding the people profiting off of others intellectual property. Companies can easily protect their material against a vast majority of "piracy" and common infringement by hiring some software engineers to work out licensing / limited copies / security protocols.
P2P sharing is like putting a lemonade in my refrigerator on a summer day with a note on the back of the container that says "Drinking this is illegal but we'll probably never know about it. You might have to pay for 1,000,000x the cost of this drink if you are caught in violation of this policy."
Anyone who is moderately competent with computers knows how easy it is to find anything on the internet. Forgetting the dumb analogy, I can accept that this is a moral grey area, but I really think companies should be at least responsible enough to TRY to protect their intellectual property. And if they don't even try, they shouldn't be complaining and suing the schmucks downloading the new Gaga album for 60$k a song.