Right there with you, Alcove. In fact, these sort of abuses are the only sort of things that will come about because of this law. The law talks a lot about blocking DNS for offending sites...however, a website is still accessable when the DNS is down. You just need to know the IP address. People who are *really* into that sort of thing don't even bother with a DNS-active search site. Not to mention the basic fact that the world wide web is a tiny fraction of what is meant by "the internet" and the only side that lawmakers seem to see.
These proposed laws are too little (effectiveness) too much (power in the wrong hands) and way, way too late. Yes, copyright infringement needs to stop. However, the power to say what is or isn't "infringement" should be in the hands of the creator. Artist A might be content to share some or all of his music freely. That's up to him. I do believe, in the interest of a "level playing field" there should be freely (or cheaply) accessable tools to manage protection, but that should come from the tech sector, not the government. People who know what the hell they're talking about.
Oh, and to further illustrate Alcove's point: my girlfriend makes her living doing online psychic readings (long story there). When she started, most of her business was through eBay. When she started, all her listings were flagged for violations. The listings were taken down, when it was (eventually) determined that she was not, in fact, violating any of the rules she was getting flagged for, her listing fees were refunded. Not addon fees of course (second line, international visibility, etc). But the fact is, her listings were immediately pulled, just because someone clicked a button that said "report". eBay is free to run their private corner of the world any way they want to...but do we REALLY want the entire web to be LEGALLY MANDATED to run that way?
Gah, this whole thing just irritates me! </rant>