Please see the most recent updates in the "Where did the .com name go?" thread. Posts number 16 and 17.
He was cut some slack. We've banned people for less.
Tim decided to have a confrontation with a member of the staff here. He is not banned, but his return is contingent upon certain actions by him. Whether or not he decides to return is his decision to make. This is not the place to discuss it, for the sake of all involved. I understand the interest in Tim and I certainly hope he returns soon.