I'm in no way affiliated or connected to GoDaddy. I don't have any domains registered with them. I dislike internet hate mobs, which as you say are designed to "teach them a lesson".
If I go out and do bad things, I go to jail, people will hate me / dislike me and wish that I stay in jail for a long time because I'm a criminal.
Why should people & companies who threaten important civil rights and liberties be treated differently? It's not OK to do crimes which affect 1-100 persons, but it's OK to affect the basic civil liberties & free speech of hundreds of millions, perhaps even billions?
Any entity, a company or a number of individuals, which does something like this should suffer consequences. If it's a company, then it should really go away.
A company is responsible for its image. People don't owe them anything, so that the said company deserves the money of their clients. They must have a good image and keep their customers happy. Either they do that, or they should go out of business.
All in all, keeping customers happy means you must also uphold some moral values and protect civil liberties.
GoDaddy needs to learn their lesson for the mistakes they did in the past and for SOPA.
I wish I could have downvoted you.