Are File Hosting Services Dead Following The Megaupload Case?

File hosting services can be a great tool for organizational communications and for peer to peer sharing of personal photos and videos. Until recently one of the premier places where people could engage in this activity was Megaupload, owned by Kim “Dotcom.” With the Federal Bureau of Investigation’s recent bust of Dotcom’s Internet property, many were hailing an end to piracy or at least a serious blow against it.