Sorry to rain on your parade, but the MPAA is pipedreaming.
The video is still available, for instance on the pirate bay, say here :
http://thepiratebay.org/tor/3776124/...Rip.XviD-SharK
, and will forever be avaiable, as the Internet never forgets. Oh, and I don't think this is a shitty camcorder copy, either.
So, I guess, some 21 year old got sent to jail in Australia. Big deal ?