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The deal is that they will give up as many cancellations as they have received to date to the waiting list by Feb. 11. That way, people who already have tickets can find out if another member of their party will be able to get a ticket from the current cancellations before they need to ask for a refund. That gives people who only received one ticket a day to ponder whether or not they want to keep the ticket, or get their money back.

Of course, any further cancellations (from the 11th to the 13th) will be given to the next people on the list. But if you are part of a party that didn't receive all the tickets they need, and you hold your ticket past the 13th, the no-refunds clause will kick in and all you will be able to do is transfer the ticket into someone else's name.

EDIT: Whoops - didn't meant to sock-puppet; I meant to post from my DoomBuggies account. Sorry 'bout that!