>> This really isn't the bad part of the law

Although this one was a success story, it has largely been ineffective in stopping copyright violation in many other scenarios. Youtube, the biggest video platform on the net, still continues to host thousands of copyrighted videos, many owned by people who are notoriously aggressive about enforcing their copyright. I don't think the takedown scales really well. It's basically you vs. the internet and you are going to lose :)