It certainly doesn't make you safe, but if the threat is a fishing expedition trying to get a few hundred or thousand Torrenters, the fact that they'd need a court order from a different country/jurisdiction might be enough to get them to leave you alone.
And a seedbox would work just as well for this purpose, and will result in much higher upload/download speeds and, in the case of private trackers, save you the costs of owning/running a PC on 24/7 to seed back your downloads.
I had some dodgy stuff going on over at an amazon free tier, including; socks proxy, ping tunnel, Metasploit, semi hidden tor end-node, ctorrent, and a few other things. I also linked a 25$ visa card from a convenience store, so very limited traceability.
