Also, I think that the decision to go from "we'll completely ignore exploits unless they're super blatant and just give people temp bans when they are super blatant" to "we're going to delete all of the characters who engaged in this exploit that we posted on the unnamed other forums" is kind of absurd.
If they hadn't posted the honeypot and had just slowly tracked who was exploiting over a month or two and then did this to the worst of the exploiters, I wouldn't be nearly as disgusted by SSG's decisions.