It'll probably get changed to a sig ban though since the post that was reported was from 2014 and he seems to be a half-decent poster. I'll look into it later.
Is that an official staff statement, meaning that these might become more common now?
Globals can now issue sig bans so it'll happen more often but isn't going to be a let off for everyone (so if half your posts are copy and pastes then forget about it but people who are getting banned for one or two posts from years ago will likely be shown some mercy).