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I find it amazing that governments don't recognize the futility of their efforts to stop piracy. Will blocking the Pirate Bay is going to do raise the profits of copyright owners even the tiniest bit?

As long as people can communicate information, there will be piracy. The only thing that will result from government efforts to prevent piracy is varying loss of our rights to communicate.

They need to look like they're doing something for the elite or they'd lose their political sponsorship. Seriously though, it's not going to change a thing. You can't kill an idea.
Perhaps the government is filled with really nice, decent people who are every so often doing token things like this that won't really impact on us, in order to appease the industry that pays its bills whilst still maintaining our freedom.

Perhaps pigs can fly.