As a thought experiment, let's assume at least parts of this story are true.
I would actually be very happy if the FBI was plugged into a USENET feed, sifting through the crud and fighting crime. This isn't like the NSA privacy incursions — USENET is public. Whatever you post is out there for everyone to see.
Yes, I agree - the only potential concern here is just that they can grab this connection data without probable cause and could easily decide to go after... most of the customers for piracy which could not otherwise be caught.
I would actually be very happy if the FBI was plugged into a USENET feed, sifting through the crud and fighting crime. This isn't like the NSA privacy incursions — USENET is public. Whatever you post is out there for everyone to see.