Not really. They got away with it at no real cost. Chances are our "small Nevada hosting provider" was cooperating fully with Microsoft, and playing the victim card helps avoid bad press. Or it could be covering up a National Security Letter.
I don't know, the message from No-IP includes the statement: "While we are extremely pleased with the settlement terms, we are outraged by Microsoft’s tactics and that we were not able to completely and immediately restore services to the majority of our valuable customers that had been affected." This sounds an awful lot like code for "Microsoft paid us a metric crap-ton of money, but part of the agreement is that we wouldn't tell how much."