ISPs are not actively tracking torrents. why would they? it takes time (that's money!) to do so and the only thing it could possibly do for the ISP is drive away their customer.
that said, if they are served (OH SNAP! YOU GOT SERVED!) and are legally obligated to give up the details of a torrent then they might. then again, they may take it back to court to avoid having to give out that information. "but why?" you say. simple, if they have to do it once, they have to do it over and over again which again takes time to do. the exception to this is Comcast because it seems like they hate their customers or something.
if you arent downloading movies that are in theaters, it's unlikely you will be "caught". while the RIAA tries to make it seem like they are suing everyone, for each day, the chances of dying are higher than the chances of getting sued by the RIAA.
as for me, i pay the exorbitant fee to see movies with my friends because it's way more fun than watching some shaky cam with shitty audio and chinese subtitles.
"the wisdom of the wise will perish, the intelligence of the intelligent will vanish."