The good thing is that feds are still taking down mainly sites who are dealing with US property. If you're streaming US professional sport than the chance you'll come in trouble is nice :)
European sport is still relatively OK as there are few countries in Europe where there are less legal restrictions and some sites even won legal battles in Holland and Spain. Sweden is kinda liberal too.
Biggest problems are domains as all big TLD's (com, net, org) are owned by US companies and FBI can seize them in no time.
I guess it's time to park some servers in North Korea (is there Internet there at all) or Iran and take some Chinese domains, they don't give a flying one about US feds :)
