http://www.cadenaser.com/espana/articulo/krahe-absuelto-video-cocinar-crucifijo/csrcsrpor/20120608csrcsrnac_6/Tes
http://www.20minutos.es/noticia/1504472/0/javier-krahe/absuelto/cocinar-a-cristo/
http://www.madridiario.es/2012/Junio/suceso/sucesos_madrid/218155/javier-krahe-juicio-cristofagia-como-cocinar-crucifijo-absuelto-montserrat-fernandez-loplus-ofensa-r.htmlml
Good guys won!
Both Javier Krahe and the producer were absolved of the charges. The charges were separate and Krahe has maintained all along that he didn't even know ahead of time that the piece was going to be broadcast (the magistrate agreed that it can't be shown otherwise).
It appears that the judgment (which is available somewhere but which I have not bothered to read) appeals to lack of intent to offend. In the case of Krahe, the magistrate considered it the "legitimate exercise and broadcast of an artistic expression which, with a comical component, created a criticism of the religious phenomenon in our society" and thought that "it has not been proved that any of the accused had the intent to belittle, humilliate, or hurt the religious feelings of third parties". The judgment also explains that the intent of the producer was to conduct an interview with a figure of public relevance, like Krahe, who in making his commentary was responding to the "request formulated by the presenters of the segment that he describe that which, without his previous control and lacking his foreknowledge, was being shown".
The judgment also appeals to satire and resorting to irreverence being legitimate and allowable forms of expression and notes that religion has traditionally been associated with power "and has therefore been object of legitimate criticism".
Of course, the law is still ridiculous.