'Imagine' State Court Update

Despite Judge Stein (SDNY) denying Plaintiffs' motion for a preliminary injunction on fair use grounds, let us not forget that a related case is pending in New York State court (based on pre-'72 recordings).
Reviewing the papers filed in the state court action reveal that Defendants moved to dismiss the complaint under CPLR 3211. A hearing was requested for June 9, 2008 (9:30AM) in the Motion Submission Part, Room 130, located at 60 Centre Street, New York, New York 10007.

What consideration will the Honorable Richard B. Lowe give to the federal order and decision? How does Judge Stein's decision affect the state proceeding?