On the hosting front, I know a few smaller clients will be shutting up shop, but since I setup
http://www.chilihost.nl and am offering offshore hosting, things have been booming!
On the porn side of things, I have documentation proving that all my content is legal - absolutely nothing has changed there! And since I am located in Australia, use EU billing and host in the Netherlands I can't see any problems. I am looking forward to less competition too
cheers,
Luke