Russet Noon aka rip-off?

I came across this little number today from Twilight Treasury, who had gotten this information from Buzznet. Frankly, I am quite put off, outraged, and disgusted that someone would use characters created from another author (Stephenie Meyer in this case) and create their own story from it. To me, it seems as though this is a violation of some sort; all I know is that I won't be reading this garbage, as should everyone else out there. Buzznet has reported the following:
"Come September 2009, a new volume in the Twilight saga will hit bookstore shelves. It's called Russet Noon and picks up where Eclipse leaves off—except the story is told from Jacob Black's perspective. Oh, one more thing... The book isn't written by Twilight author Stephenie Meyer . Instead, self-proclaimed "gothic webmistress" LadySybilla takes a stab at the series. Confused yet? Us too."

Okay, so Buzznet just said this book begins where Eclipse left off. It seems to me that they meant to say where Breaking Dawn left off. Just an observation of mine. Buzznet continues:

"Although author Stephenie Meyer started writing a follow-up to Twilight (entitled Midnight Sun , which would be told from Edward Cullen's POV), she quickly shut down the possibility of the companion novel after an incomplete partial draft was leaked online . Meyer eventually made the pages public...but she insists that she's taking a break from Twilight duty "indefinitely." However, that doesn't mean that someone else can't come in and fill the void, right? Enter LadySybilla.

We don't know a whole lot about the author—an intial Google search for "LadySybilla" came back with nothing more than a weird YouTube channel attributed to her—but we have some sparse deets about the book's plot. According to PRLog.org :

The Volturi are now watching the Cullens even closer, and a conspiracy is brewing deep within the catacombs of of Volterra. Aro is determined to put an end to Bella's happily ever after. He is obsessed with getting Renesmee to join his clan in Italy, while Edward and Bella refuse to make Renesmee a full vampire. Renesmee hates herself for being only a half breed, and her unhappiness turns Bella against her own daughter. Humans in Forks are starting to suspect something about the Cullens, and Renesmee's lack of self-control is to blame for it. Bella and Edward might have to leave Forks permanently to protect Nessie. Meanwhile, the spirit warriors have returned to live among the Quileutes. Taha Aki has made contact with Jacob to warn him that great danger is coming to La Push."

So you get why I'm upset about this. This is totally bogus, how dare she! So isn't this copyright infringement at all? Here's the official statement from AV Paranormal, the publisher of Russet Noon :

"When fictional characters become such an intricate part of the popular psyche, as is the case with the Twilight Saga, legal boundaries become blurred, and copyright laws become increasingly difficult to define. This is especially the case when actual cities like Forks and Volterra are used as the novel's settings. Such settings are not copyrightable, as they are considered public domain. Similarly, the Quileute Nation is also not copyrightable, and neither are vampire or werewolf legends. Copyright laws protect writers from unauthorized reproductions of their work, but such reproductions only include verbatim copying. Characters are only copyrightable if their creator draws them or hires an artist to draw them. Stephenie Meyer herself borrowed a great deal from previous works dealing with these mythologies."

Yeah, whatever. Those characters belong to Stephenie Meyer, period. Sure, someone should be able to use actual places and anything not created by the author, but the characters are Stephenie's. This was her vision and now a very big part of her life. I'd really love comments from everyone regarding this. I want to hear your opinions, maybe they differ from my own, who knows. So, what do you think about all of this? And do you think Stephenie should take action again this so-called Lady Sybilla? I think it would be a complete disservice to Stephenie Meyer is anyone were to buy this person's books. She has no vision, no imagination, and I see her as a thief who has to steal another's ideas to try to make a name for herself. Shame on you Lady Sybilla!
Btw, there was the preface of Russet Noon on a youtube video that Lady Sybilla had put up herself. However, I noticed she'd removed both of her videos. Probably due to all the harrassment she's received about it. lol