Not that I approve of those using programs (I don't...) but I just have to chime in and say this is just a scare tactic.
There is no way they could fine users on a global scale. Not everything runs according to the United States sue-crazy law-system. You think they could actually enforce someone in another country to pay some insane fine? The fact is, the game is global, and laws differ from place to place. Their hands are tied, they just don't want anyone to know that.
A good example: Someone in a file sharing hub here (Sweden is BIG on file sharing) got an angry letter from DreamWorks Pictures in regards to a certain movie being shared....take a peek at the letter.

I'll bleep out some of the bad words to make it suitable for here...
> August 23, 2004
>
>
> VIA ELECTRONIC MAIL
> AND U.S. MAIL
>
> ThePirateBay.org
> Box 1206
> Stockholm 11479
> SWEDEN
>
>
> Re: Unauthorized Use of DreamWorks SKG Properties
>
http://www.thepiratebay.org
>
> To Whom It May Concern:
>
> This letter is being written to you on behalf of our
> client, DreamWorks SKG (hereinafter "DreamWorks").
> DreamWorks is the exclusive owner of all copyright,
> trademark and other intellectual property rights in
> and to the "Shrek 2" motion picture. No one is
> authorized to copy, reproduce, distribute, or
> otherwise use the "Shrek 2" motion picture without
> the express written permission of DreamWorks.
[...]
> As you may be aware, Internet Service Providers can
> be held liable if they do not respond to claims of
> infringement pursuant to the requirements of the
> Digital Millennium Copyright Act (DMCA). In
> accordance with the DMCA, we request your assistance
> in the removal of infringements of the "Shrek 2"
> motion picture from this web site and any other sites
> for which you act as an Internet Service Provider.
> We further declare under penalty of perjury that we
> are authorized to act on behalf of DreamWorks and
> that the information in this letter is accurate.
> Please contact me immediately to discuss this matter
> further.
The response:
As you may or may not be aware, Sweden is not a state in the United States of America. Sweden is a country in northern Europe.
Unless you figured it out by now, US law does not apply here.
For your information, no Swedish law is being violated.
Please be assured that any further contact with us, regardless of medium,
will result in
a) a suit being filed for harassment
b) a formal complaint lodged with the bar of your legal counsel, for
sending frivolous legal threats.
It is the opinion of us and our lawyers that you are *bleep* morons, and
that you should please go *bleep* yourself with retractable batons.
Please also note that your e-mail and letter will be published in full on
http://www.thepiratebay.org.
Go *bleeeeep* yourself.
Polite as usual,
anakata
Needless to say, they didn't write back, because, just like Neo, it was all a scare tactic....their hands are tied as well. Thus is the glory of globilization. Thinking you can control legal matters in all of the world in a farce.