If this goes through, can they sue me for advertising I Teach Shaolin Kung Fu? Will I have to apply and pay them to use the name?? Or will proving that I actually teach Shaolin forms suffice?

On one hand, it would be cool to see the Shaolin Temple shut down guys like Simon (Temple Kung Fu) on the other it would really suck if they shut me down for not making a finacial contrabution to them.

I'm against it. The name is out of the bag, and has been for centuries. It's a bit late now me thinks.