The answer is technically yes! But the really long answer is, they wouldn't shut them down per say, they would cause so much problem for the site the site would no longer operate, problems would include, hosting, search engine appearance, advertising (fund raising), and a whole lot more. Basically they would go after the big guys that helps the little guy exist.
Any site, forum, blog, fileshare, etc. that would include even one link to a pirated, copied, file, instructions to do so, etc would be affected. So in the long run, that would affect the giants like google and yahoo, and us little guys. While it was booted for now, it will pop up again in the future so please call, write, txt your congressmen and voice your opinions on it. Every voice counts.
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