The Sheffield Hallam MP is still working on the basis that this episode "is a "cock-up", i.e. that Rackspace carried out the action without the knowledge of the UK authorities, rather than "conspiracy", i.e. that the UK authorities were complicit in an action which does not on the face of it appear to be legal."
His website: http://www.richardallan.org.uk/index.php?p=235
I suppose if we do have a cock-up here then Indymedia would be entitled to some sort of compensation, and if a conspiracy is proven then Indymedia is, er, entitled to some form of compensation - could this be a win-win situation?