It's a pointless law
So I can record a TV programme on a video recorder or a hard drive recorder, I can keep it for years or even decades, and no one has a problem with that. Yet if I download the same programme from a torrent I'm breaking the law. Where's the logic in that?
And the argument that downloading is costing millions in lost revenue is rubish. In the early days of eBay I actually used to make money by buying a series cheap from somewhere like Play.com, watching it at my leisure, and then selling it on eBay. I then bought another series, and another and so on. I watched lots of series this way and not only did it not cost me anything, I actually made money from it. The only thing it cost me was the hassle of packaging and posting the items.
My point is, it's not the downloading that's costing millions, it's the fact that people can buy and sell second hand goods that is costing millions. For many, downloading the files is just an easier way of doing it. If this has to stop then they'll find another way.