This line is hysterical to me: "It's not a hack. Someone just gave us the domain name. We have no idea how they got it, but it's ours and we're keeping it."
SCORE! Pwnt! The music industry needs to realize that it cant win against piracy and would actually make more money through other forms of product sales rather than attempts to make music un-pirateable, which is impossible.
from the page: "The Pirate Bay has now taken up residence at IFPI.com, a domain once owned by the International Federation of the Phonographic Industry (IFPI). The Pirate Bay now says the site will promote the International Federation of Pirates Interests."