Here's the info from the "horse's mouth" so to speak:
"Okay gentlemen. Here is what is happening:
At this point in time, we believe that the OS of the server (a flavour of Unix) resides on the same disk partition as the actual forum and tracker for GTN. What this means is that trying to restore the server's OS to get it to reboot would mean wiping the forum as well, which stores all the information about members, posts, torrents, etc.
The admins are hoping to track down a backup of the site so that everything won't be lost (as I've mentioned before).
So, it's not just a matter of erasing and reinstalling in a matter of hours or days, there are some things which need to be tracked down and decided upon and, as most of you know, we have a partially new admin/mod team compared to those who originally set things up so we're trying to be as careful as possible in fixing things up and ensuring that we aren't quite so vulnerable in the future.
Also, this is not exactly the best time of year to get things done in a hurry!
There you go. No need for conspiracy theories - as much fun as they may be. But stay tuned for updates on this thread (thanks to the GT guys for helping out!) and also the IRC channel listed above. For obvious reasons, we can't e-mail members - the member database is stuck on the server remember!