It looks like I was mistaken. The ban related to any certificates being issued. The new systems to obtain an FAA licence based on your ICAO licence, requires you need to fill out a series of forms, send them to Oklahoma, wait 60 days while verification takes place, and then you'll get a licence sent to you in the post.
This relies on all CAAs arround the globe cooperating with the FAA, and I hear that this could be a problem. I don't know where that leaves everyone. Presumably, it will be almost impossible to achieve?