Its an interesting one to watch. Sharman only got nailed as they bought Kazaa from...Norway? Sweden?...somewhere like that. I was surprised to see them set up base here when it wouldn't have been too hard to move it off shore. From memory the company is run by a woman in Sydney but apart from that, its almost impossible to know anything else about the company. I do recall they bought Kazaa for something like $32 million Aus. (Around 4 pounds 50p in your neck of the woods)
Whereas its probably the most well known of P2P sites it has its many failings as I'm sure your aware. Further from the case,
'The Kazaa file-sharing service, used by millions of people to swap songs online every day, has been ordered to stop the flow of illegal music on its system within two months.

The Federal Court yesterday found the Australian company behind Kazaa, Sharman Networks, had breached music copyright by authorising its users to swap songs illegally.' from The Age.

and also...
'However, Justice Wilcox felt that a total stop to online music piracy might not be possible, and he was anxious that any orders by the court did not shut down file sharing completely.

He ruled that Sharman would have to fit Kazaa with one of two filter technologies - one stops users from sharing files that match a list provided by record companies; the other shows only licensed works and a warning against copyright infringement.

He also ordered Sharman to put "maximum pressure" on current users to upgrade to the new, filtered version.'

So while the recording companies have their nose in front this is far from over. As I mentioned previously, LW may become the big winner out of all of this.

Sorry to prattle on so much. For more articles, check out the technology section at www.theage.com.au