Kris was interviewed to a danish news site eailer today:
http://translate.google.com/translate?sl=da&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.version2.dk%2Fartikel%2Fny-forklaring-om-det-store-danske-bitcoin-roeveri-ddos-angreb-var-kun-et-roegsloer-55179&act=url

A short summary:
- The DDoS not the actually attack. Just a way to remove the focus from the sys admins so they could get through another security hole.
- There was a bug with the way their algorithm works with hot and cold wallets. ALL bitcoins were in the hot wallet and because of this they were easier to access by hackes.
- All funds are lost for the users. According to Kris he/BIPS are not responsible due to their TOS.
- Kris advice people NOT to use hot wallets anymore - only with very low amounts of Bitcoins.
- Kris tells BIPS will continue as a payment provider - but have closed down there wallets for good.

I think thats a pretty good summary of the article. Otherwise - try the above google translation