Hmmm. The PCPP forums are talking about some kind of mass Steam-culling of accounts that have used VPNs to tunnel through to the US or Russian Steam stores that is apparently taking place over the last few months. US games are being refunded and removed, while accounts with Russian purchases are apparently being banned entirely (though they are rescuable with a support inquiry).
This, if verified, is presumably related to the hack that occured a week or two ago...
Pretty sure I have heard this before. My vpn obtained left 4dead2 remains.
Oh and I also have old republic beta access...