CoS goes completely free to play (?)

Well just days after I said it would be great if CoS was completely free to play I got this email:

"At point, you checked out The Chronicles of Spellborn. Today, as you
read this, Spellborn as it currently exists is now free to play. Keep
in mind that there will be no upgrades and no patches. It has become
in effect, an Action RPG with superior Multiplayer. The only thing it
will cost you to play is the time it takes to download.

So play it. http://www.tcos.com

Now because it is frozen in time, we will be creating events for the
players and we will help support any players that want to make their
own events. And if you have thoughts on how we might make this
version more enjoyable as we wait for the New free to play version,
we are glad to listen."

So after this extremely confusing email, I think I can draw the conclusion that its now completely free to play...I think. :P