This won't end well.
LJ FINALLY speaks.

It's already got a troll in writerspleasure, calling all the people posting serious questions/comments "whiners" and four(!) pages of comments so far.

Highlights in the post include a fauxpology for burr86's wanky comments, LJ still doesn't understand that Federal law doesn't cover depictions of fictional children in sexual situations and a lot of re-stating what they've said before.

Edit: Well, this is an interesting revelation. Actually, there are several members of various fandom communities involved on the review board, as well as the Abuse Prevention Team itself.

And this list of official statements made by LJ staff in the "clarification" lj_biz post should bear watching.

Edit 2: coffeechica is talking with LJ users in stupid_free here. Odds on how long before it gets deleted? Anyone? Anyone? ...Bueller?

...and LJ/6A employees can't even come up with their own boilerplate responses, because rachel (she of the icon where she's posing with a big glass of beer) plagarized a LJ user's comment to use as her own.

Oh, and the lj_biz post has maxed out at 5000 comments in about sixteen hours, which is a new record, I believe. People are going back to the previous lj_biz post to leave comments there, I think.

Edit 3: Godwin's was reached on page 17 of the lj_biz post. (Thanks to khym_chanur for the link.)

The current lj_biz post has made cNet.

The whole thing has been covered by German news magazine Der Spiegel. And a translation. (Thanks to airborne_rodent for those links.)

Slashdot covers it, too. As does Digg. (Thanks to utahraptor for the Digg link.)

Edit 4: Our own cat_mcdougall wrote up a semi-editorial article here. As she says, the "Fandome" is them editing my article.