Posts on this particular account have been covered in red text for approximately four years now. It seems that bans have been reset in their entirety.
With this being said, they mentioned bringing member titles back eventually when the beta is over. Will the same be true of bans?
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All bans being removed was a deliberate decision. With this update comes an entirely new set of rules. Most of the profanity filter is gone too. Lots of users were banned permanently for things that simply aren't against the rules anymore. With the Hide/Mute buttons feeding both your Personal Ignore List as well as the reporting queue, and with the moderators having a very restricted list of things they are responsible for, we felt it best to give everybody a fresh start. So far, it seems to be working well.