Even if this guy is guilty, and he sure doesn't talk like he is worried they'll find anyhting, they raided a ton of other people. They can't all be guilty. And that means that innocent people have had all their important files taken from them, and it may take 2 years to get them back, or they may never get them back. My entire life is on my PC. Emails from family and freinds, photographs of family which are irreplaceable, and my entire buisiness is contained on it, and on backups. If the FBI took my PC I'd lose my only source of income, my only way to support myself, and I'd lose years worth of memories contained in emails and photos, as well as countless peices of artwork I have produced, and code, both of which I would need to get another job.
This makes VALVE the bad guys in my book.