A "SOPA exemption" isn't going to protect you if you are hosting in the US. You need a DMCA exemption. And if you're reaching audiences the size of YouTube's

A "SOPA exemption" isn't going to protect you if you are hosting in the US. You need a DMCA exemption. And if you're reaching audiences the size of YouTube's or Megaupload's, Vivendi will see you in court. If you have no US-based servers, and if Bananastan has no treaty cooperation with the US on IP infringement and extradition, then shutting you down is not so easy for Vivendi (FBI/DOJ) to accomplish. For that they need more than what they have now (DMCA) to work with.