I'm quite shocked they went after him for this tiny business when SatoshiDICE was so much bigger...
Hopefully we'll hear some resolution now.
EDIT: linky
I think the difference is that satoshidice got sold and shareholders got a final payout. Feedzebirds didn't feed ze birds with anything but promises. Erik Voorhees should be considered to have a very poor reputation and his word is not worth a damn. Settling with SEC is great but what about the people who were harmed?
Because I'd rather give Erik the chance to do what is right. If not, I hope he handles the ruined reputation and reduced self esteem as well as I am handling the loss.