IceCold
You asked:
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But what about all those out there that share this crap and their IP is easily found by using a client? Why aren't the respective governments shutting these people down?
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The answer is reasonably simple, as you know P2P communication is world wide but not all countries throughout the world have the same laws.
In most western countries, if not all, there are laws against creating, owning, storing, selling and or distributing paedophile materials but there are some countries that won't even acknowledge its existence or just don't have the laws to tackle this kind of problem.
I'm guessing here but I believe that these are the countries where criminals will set up their selling and distribution activities from and, unfortunately, the Internet that we all know and love makes this criminal endeavour possible.
UK Bob