If he had gone to say the paypal homepage and diddled around all day then he would have had the same impact as a sit-in. Instead he simulated the traffic of thousands of people. That's not comparable to a sit-in.
Bullshit. The entire idea behind a sit in is a number of people consuming disproportionate resources of an establishment. You don't participate in a sit in by using the amount of resources that a single person might normally reasonably use.
I suggest you read this article, since I am beginning to suspect you are operating under a very very distorted definition of the term: http://en.wikipedia.org/wiki/Sit-in