The point you make is really important but I think its relevance here may be doubtful. Civil disobedience at a massive scale is surely a compelling way of protest though you have to keep in mind that civil disobedience is about voluntary display of indignance by EVERYONE participating (read here as the users.)
The Pirate Bay cannot take that decision on behalf of their users. It has to be an active and voluntary enagagement.
Further, this TPB post stands for something more than mere access to paid content. It is essentially a protocol infused with freedom. No bar on content; no censorship; no policing. How one uses it is immaterial but as long as it exists, it offers people that freedom. Dissidents, political prisoners, protesters can always look to it as a last resort to share things.
I think that coming out the way you describe is just not feasible for the TPB, the same way surrendering never made sense to Robin Hood.