The most important thing about the Funimation lawsuit is that the suit has characteristics of massive "John Doe" lawsuit, the likes of which were considered in the paper "Large Recording Companies v. The Defenseless: Some Common Sense Solutions to the Challenges of the RIAA Litigations", by Ray Beckerman (published in The Judges’ Journal, Volume 47, Number 3, Summer 2008. © 2008 by the American Bar Association.).
I do not regret buying Funi's release of Oh Edo Rocket, but I am not going to watch their streaming of Fractale any further. It's not like I am enyoing their ugly watermark anyway. Why should I appease them? I know enough Japanese to buy the real media.