I am a Flight Attendant and after reading the comments on this, I think I should enlighten you all.
We as cabin crew are required per the FAA to remind you of the seatbelt sign. If we see you up and about, don't remind you, hit turbulence, and you crack your head open, the liability is on the airline. However, the second he/she reminds you of the illuminated sign, the liability is on you and you cannot sue for injury.
As for the crew being up and about while the sign is on... the crew is usually released once the aircraft has exited 'critical phase of flight' which is either 10,000 or 18,000 feet. At this point, if the Captain feels it's safe the crew are released and start prepping for service. however at this altitude nobody can guarantee stable and smooth air, so the seatbelt sign remains on until cruise, usually. No, FAs don't 'defy the laws of physics' but workman's comp is a hell of a lot cheaper than a lawsuit.
And last but not least... Fines. Technically, a FA could contact the Captain at the first incident with a passenger and have that passenger taken into custody for noncompliance of crewmember instruction or interfering with the duties of flight crew. Obviously, that's a little extreme. Most FAs won't resort to that unless you are a constant nuisance. Just keep in mind: if you catch the wrong FA on the wrong day, your getting out of your seat could cost you as much as $10,000.
Hope this helps!