Wow wow, people, most of you are waaaay misinformed about this. I live in Spain, in fact I don't live far away from Borja, and over here the perspective on this news is... well, different. So let me set a few points.
1. The original painting was not a priceless, valuable or fantastic work of art. It was a third rate academic painting from the late 19th century. In this country we have so many paintings like that... geez, I could go to the church in the corner of my street and find at least five or six pieces of art with more value than the original Ecce Homo. It was not very valuable, it was not done by a famous painter, it wasn't even that old: it was just another religious work made by the village's painter at the time. None of his works sell at Sothebys.
2. Cecilia did not steal the painting, as the Ecce Homo is a fresco, meaning: it was painted on a column. The only way you can remove that painting is by complicated chemistry works or by ninja-kicking the column out and running away with a ton-heavy piece of stone. What really happened is she entered the church and worked on the painting, and the priest in charge never stopped her. And he knew she was working on it.
3. This is the Church we are talking about. The Church in Spain. Nobody expects the Spanish Inquisition, yes? These are not a bunch of peace-loving philantropists, the Church is an organ of power over here. They're rich, they have political influence and they don't pay taxes. This a humble 80 year old woman asking for her cut to a big organization.
And finally...
4. The new painting is faaaar more valuable than the original. From an obscure third-rate Jesus painting to an internationally famous pop symbol. It's ironic, it's unintentional, and it's a good reflection of the internet age. It's a masterpiece of pop art! Ugly? It's shit ugly! But it's relevant and far more important than any academic religious work you can find in any regular town church.