Tensions on the forums have been pretty high since Blizzard made a change to the achievement that awarded players the title The Exalted without announcing it beforehand. Bashiok hit the forums tonight to address said drama, saying that while the community managers were disappointed that the saga resulted in so many forum code of conduct violations, they did have a long talk with the designers, who agreed to change the achievement back to its original form. In other words, if you qualified for The Exalted before 4.0.6 (40 exalted reputations), you'll soon be awarded your title again.
Right now, the devs are unsure as to whether the change can be applied with a hotfix, but they're going to attempt one and see if it sticks. If a patch is necessary, they'll let us know. There's some additional interesting information in the blue post, including the technical reasons why Blizzard couldn't grandfather the title to those who achieved it prior to 4.0.6. Full text is after the cut.