Excellent news - good to see the most sane person here after Brogan being given this job. Moderation requires both empathy and neutrality - the ability to let customers express an opinion whilst at the same time protecting the reputation and commercial interests of the company - and I am 100% confident Jake is a good choice for this.
I've always thought Jake was a ninja mod and all their doing is making it official. Ninja mods are like members with mod powers but you don't know about it because it's a secret this way they can post like normally and still be able to moderate the site. For instance, a ninja mod can lock up a retarded thread then when the official mod comes online he can send the warning through pms or respond to complaining type threads. I support the use of ninja mods because helpful posters like Jake should not be targets for the lames on here.