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The big reason people pirate anime and manga is that there's no real way to legally watch it as it airs. Unless they sort that out for western countries then it's always going to be the same deal and also as Cosmic just pointed out, the people who watch anime via download usually buy merchanidse and stuff anyways.
Then again much like companies who target the piracy of games and movies, not much is really going to come to this as piracy exists and will continue to exist for a reason, it's impossible to stop and it's never killed an industry since piracy began no matter what the large companies say.
You shut down one site and either a proxy will come up ala piratebay or someone else will start another service.
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