While the temporary effects of the Megaupload raid and shutdown may be good in the short-term for reigning in online file sharing of copyrighted material the long-term effects will be far reaching and on the whole a negative for everyone involved.
Ryan Paul reports on Ars Technica:
Read MoreSome filesharing sites are reigning in their services in the aftermath of the recent high-profile shutdown of Megaupload. FileSonic has disabled all file sharing functionality on its website, restricting access so that users may only download their own files.