For me, the apology basically boils down to this: "We made an oopsie, but it was an oopsie anyone would/could make. And because a lot of you noticed and got really mad, we'll try to fix it, so please don't be mad at us anymore."
Can anyone tell that I'm singularly unimpressed? >_>
It's not that I object to the general principle of deterring exploitation and abuse of children, but their procedure (or rather, the obvious lack thereof) is incredibly slip-shod.
LJ's recent behavior regarding the mass
Let's put aside any notions of 'trust', etc., and look at this situation in a purely pragmatic perspective.
What LJ needs to (and massively failed to) understand:
(1) they are a business in a highly competitive market;
(2) they are NOT the only game in town;
(3) they need to inspire 'brand' loyalty by treating their customers (the users) with respect and consideration;
(4) and finally, if they piss off their customers/users, they will lose those customers/users to their competitors.