IA has ruffled a lot of feathers over the years with their copying of copyrighted content, putting all the eggs in a single basket was understandable given the resource constraints they are operating under, starting a war using that basket as a shield was not the best move they could have made, especially knowing who the opposition is.

The publishers have been out for their blood for a long time, this is essentially handing them a very easy victory. They'll be very lucky if they survive - and so will we.

Assuming it is possible to copy the data I would support an effort to make an off-line backup on the off chance that they get shut down completely and lose access to their assets.