I might join, but warez forums tend to have Rapidshare and Megaupload links which are damn slow, and you only get one download before you have to reset your router.
The reason I didn't allow it in my site is because you get shut down pretty easily unless you make everything hidden. I was thinking of making a private Bittorrent *****er for my site; sort of part of the user account system. At least that way the site doesn't host any illegal material. Too much work right now for that though.
Anyway, good luck.