Sounds like things could come back online in a few days...
http://www.soe.com/securityupdate/recentupdates.vm
So far so good on the compensation for the downtime.
Not much SOE can do about it yet but was talking with my guild and one of our leaders brought up the fact because we weren't raiding we have missed out on nearly 80 new item upgrades for our members. We had just started really biting into the raid zones in Velious.