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I don't think this is going to deter piracy at all. If anything its just bad PR and fines for the consumers.
This particular fine is as ridiculous as their continued endeavor to stop piracy. It's another stunt like the arrests of piratebay founders. It's not even slowing piracy down. If there's been any decrease in piracy its because of sites like Last.fm -- and there's Hulu.com for movies and TV shows.
Hopefully, this kind of diversion will no longer be necessary when they properly modernize their business format like they should've when they saw this trend becoming a problem.
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