From
CNN -
"The defendants are free without restrictions while they appeal the judgment."
"Friday's verdict did not include an order to shut down The Pirate Bay site."
Its a lower court decision, they'll appeal until it reaches the Supreme Court.
TPB is still online.
TPB is actually considered as a "kids" site, the real torrents are in private servers.
Google and others have links to copyrighted material / torrents, maybe they'll be sued next?
anyway, we'll see the final verdict after a couple of years.