Originally Posted by bgeorge
"Content from this channel has been removed at the request of the copyright holder."
Since this is a DMCA violation its possible that it took this long for someone to find your channel and request that it be closed. DMCA channel closures are triggered by request of the rights holder of the event and not Justin.tv themselves.
and no, Justin.tv cannot reopen channels closed for a DMCA. If you believe it was an error, you can file a counter claim outlined here
like bgeorge said there, there is nothing that jtv can do about that, you broadcasted something without the rights then the legal owner requiered your channel to be closed, and jtv can't do anything else than close it since is a site that follows the dmca rules.
by the way, oplympics are not free, no public, someone has the rights to broadcast that on tv, you can't rebroadcast that just because is on tv