Have a look at LokiTorrent's homepage (UPDATE: the page has been taken down for some reason, but you can find a copy over at MirrorDot). Scary! The MPAA's coming to get us! Well, two things:

1. LokiTorrent initially set up a paypal legal defense fund to fight the MPAA, collecting several thousand dollars. Then this comes up. Nice, guys. Very nice.
2. Actually, you can click and hide. I wouldn't suggest relying on my internet privacy tips if you're planning on committing corporate espionage or emailing around nuclear secrets. But it seems safe to say that if the MPAA needs to issue multiple subpoenas across multiple countries in order to punish you for downloading that copy of Blade 3 they'll probably elect to go after lower-hanging fruit. So get yourself a copy of Azureus and a SOCKS proxy; or better yet, download Tor and point Azureus at that.