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This is the RIAA/MPIAA's way of circumventing the legal system in this country. Instead of suing individuals for damages in court where they actually have to do work and prove things, they are just going to tell your ISP that they suspect your IP address is distributing their content without a license and your ISP is supposed to send you a few warnings before cutting off your service. This has many negative implications the biggest of them being assumed guilt imo. I have no idea why an ISP would agree to such rubbish as it is a lot more work for them to play middle man and the DMCA relieves service providers from any liability resulting from the actions of their customers. Hopefully we get to find out what ISPs are involved in these back room deals.
Interestingly this exact idea was tried in the Europe by the European counterparts of the RIAA and MPIAA and was soundly trounced by the EU Parliament. Hopefully the same thing happens here.
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