We've just published a post from Etsy's CEO, Chad Dickerson, on the Etsy News blog about the events of this week. You can read the post on the blog: www.etsy.com/blog/news/2012/notes-from-chad-6/
As an addendum to Chad's note, and in response to some of the posts I've seen from community members in the past two days, I'd like to add:
We are indeed listening and following the various conversations in the community about these issues. This is deeply important to us, too. As I noted in 'The "Who" of Handmade' thread earlier today, I wish I'd been available to personally respond in real-time to your questions and comments. I'm taking time today to catch up, and I will respond to the questions about our policies that I can answer. Thank you for your patience.