Ditto. And its only 1 year. Like its about the most reasonable thing they could have done.
No, it emphatically is not just a year! It's perpetual, and that's literally been my entire point this whole time. If it was just one year I would've had no complaints - and I made that clear from the very first comment!
What part of "...followed by the requirement that subsequent arXiv submissions must first be accepted at a reputable peer-reviewed venue..." is everyone here reading and still somehow interpreting to be limited to 1 year?
Regardless of terminology, I agree that it's certainly punishable and certainly a serious problem.