I think it would be amazing if it ever transformed into reality, The meagupload system would definitely be better if it was made linked with bitcoin for data transfer and cost/purchases. The fact that it will be linked to BTC transactions would allow more visibility although it might cost something.
yeah i think it would be a great thing for bitcoin too.
i believe Kim Dot Kom has hyped the news a lot and showed it a lot bigger than it really is but also it is not as small as smoe people are trying to show it. it is big but in a reasonable kind of thing and if it becomes successful it will make bitcoin a lot more popular and more expensive.