Update: The C&Ds are still going out. They still seem
to be going only towards the actual printed material produced by FASA itself (that is, scans of the books, magazine articles, etc).
Some people over at Morena Shipyards were stupid enough to say in open thread that people should just start burning CDs of the stuff and swap that way and Paramount picked up on it.
As was said in the IP thread in Fan Productions, Paramount IS watching the internet on a regular basis. JJTrek finally making the big breakthrough to "mainstream" has made this a whole new ballgame in terms of what they are willing to put up with.