Okay, Im going to buy a Valid vBulletin License, and I was wondering, if I make my warez forum using vBulletin, will it be shutdown?
Depends whats on your site, if its out going links like rapidshare there are many that haven't been shutdown for those reasons.
Just place a thread in their pre-sales at their forum. This isn't a new idea and they will tell you yay or nay.
VB doesn't have the power to 'shut down' your forum. At least if they do , I've never heard of them exerting said power. That said, they have it stated pretty clearly in their terms, which you must agree to before downloading: Again, AFAIK they can't 'shut you down', but they can contact your provider and THEY can shut you down.
I saw this on a post where someone had asked if they could post warez using vBulletin: It was in reply to someone posting the license agreement. Here is the actual thread: http://www.vbulletin.com/forum/showthread.php?t=238469&highlight=warez