To step in and take over for K? I don't know about that with regards to online monitoring for hard drives and hardware, but you need to be able to sell replacement gear to make that profitable.
The database is a lot of work, as there are not just the scans and data you see, but also the bookmarking and aspect ratio information.
As far as the hard drives, I would think that as long as a person had the program to format the drives and configure them, it wouldn't be hard to keep that part of the service afloat.
Then again, even if things don't go their way in court, they are not shut down. Granted, DVD serving is the backbone of their system, but they also have CD serving and that is not being challenged. There is also the option of partnering up with Netflix, Hulu or other media supply companies for direct downloads. Finally, there is the quite distinct possibility that even if they lose, it won't be totally over and appeals exhausted until BluRay's media server option is rolling along.
The reality, however, is that the existing installation base of Kaleidescape systems is quite a large investment and hard drive replacements would be the easiest part of the hardware chain to continue supporting. I don't see it very likely that the courts would block the company from selling replacement hard drives and even if they did, how would they prevent an industrious person from offering them on the side over the internet? The only real hurdle would be to get the drive cages. Formatting the drives is just software on a specialized computer. Replacements wouldn't need a new drive cage unless that hardware failed.