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For those wondering how dropbox is different...

Dropbox exclusively monetizes the uploader of the file, not the downloader.

Megaupload, filesonic etc. actually pay the uploaders who upload attractive pirated content that attracts downloaders who can then be monetized aggressively for faster or no-wait downloads.

Very contrasting business models.

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Why is the government regulating the business model? These crimes are far too vague to be sensical.

Neither of those business models explicitly condones piracy. YouTube and Flickr also reward users for popular content. There is nothing inherently wrong with that, and it's entirely legal - as long as you comply with DMCA and don't knowingly contribute.

explicitly condones piracy

You don't have to explicitly condone privacy in order to be guilty of privacy.

Two things that Megaupload didn't do. I think the moral of the Megaupload story is not to trust sites run by guys convicted of credit card fraud.

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