A reddit mod for the SteamGameSwap wrote up some good analysis in my opinion on whether the activated keys will get revoked. Here it is for those that are in the same boat:
It makes sense for the most part, except that I read accounts of the Dead Island Key revokings that Deep Silver did this themselves and Valve was not informed or involved. I can see it because Steam is setup to give publishers (or indie developers) controll over their keys.
If you bought an indie game and it goes on Steam you can request a key from the dev and sometimes you will get it right away so they create themselves without having to go through Steam.
Also when Tony gets those non-Steamworks Steam keys he gets them from the publisher.
Any publisher or indie developer can create Steam keys at any time for their game. It stands to reason they may have the ability to do the reverse on their own as well, however for obvious reasons this is almost never done because of the huge shitstorm it would stir up getting into the issue of digital rights and ownership on a much larger scale and no sensible publisher wants that.
I think Bethesda and 2K have way more sense than to open that can of worms but I think Gamersgate absolutely would and in fact is currently in the process of trying, but will ultimately (I hope) fail. They are that desperate. And short sighted.
Anyway, what I say and what the reddit guy says and what anyone else says, it's all just something some guy said on the internet. We won't know for sure at least until next week and quite possibly later.
Looks like another error might be happening. Splinter Cell Conviction for 3.24. Not exactly a barn burner, but hey.
Conviction went back up to 6.24, or 75%
BF3 for 11.98, even cheaper than the gamefly sale
Ridiculous. They need to take their damned site down. This continues to happen on a daily basis and if they don't get it fixed then sooner or later it will hit another high profile game and cause a lot more problems than they already have.
I just noticed that it's showing the "Unfortunately, we are out of serial keys. The developers have been contacted and we will supply keys as soon as they are delivered to us" message for Viking.
They are still selling it btw, at regular price of course.
Now I can't say for 100% if people will get their keys right away if they pay $14.95 for it but I would bet money on it.
Also for the people who said with the Bethesda pack keys 'out of stock' vs still being sold 'Well it was part of a pack' they don't have that excuse with Viking.
Skyrim as a daily deal. They've got to be kidding.
Oh when we said we were out of keys we meant we ran out of keys for the people who bought it for less than what we wanted to sell it for.
And permanent doesn't mean permanent.