In fact, with this site, you are downloading pirated copies of movies, music and software, just as so many other people are doing for free.
There are no contact details on the website and the domain was registered anonymously. The domain is set to expire in February 2007. It will be interesting to see if they renew it.
According to other forums all you actually download from them is the torrent file and then you have to use a bittoreent client to get your download.
Some of their FAQ do make quite amusing reading though.