I see a lot of similarities with the MtGox hack, they got out of it stronger. This should be possible for MyBitcoin as well.
It's going to be harder for him, since he was MIA for a week. He should have said something right away.
Sure, it will be harder and should have said something right away, but there are a lot of things he can do. Most people have nothing more to loose, only to gain (even if it is just a small amount of what they had stored). Starting with good communication and updates is just a start. There are some highly trusted members in this community (Bruce for example). If he can get their trust, things will get more easy.
www.mybitcoin.com doesn't work for me, What URL are you guys using to view this press release?
Sorry I just have to see it for myself before believing it.
Just works here. Did MyBitcoin change the DNS record? Might take time for you to get the update.