Typical fines dished out recently by the courts in Sweden...
Murder: 75000kr (£6825)
Rape of a 14 year old girl: 50000kr (£4550)
Pirate Bay fine for aiding Copyright infringment: 46000000kr (£4.1 million)
I'm not saying that they haven't done anything wrong (although if they have done something wrong then it's hard to understand why Google haven't been indicted as their index contains many, many more links to torrent files than the Pirate Bay's does), but lets get this in perspective. The fine is outrageous and has absolutely no basis in reality. Another thing to mention is that this is not the end of the road. The Pirate Bays guys have already said they will appeal this ruling. There is one higher court in Sweden to appeal to and they have already said they will appeal to the European Court in Brussels if necessary.