News has been released that basically states that Valve is not taking any action against the Griffin, and that should the owner of the original drawing decide to take it to court, he may.

This basically means that Valve has dropped the issue because of a few technicalities, such as the image being flipped.

He may or may not (my guess is it will not go big) take it to court and take legal action. What this means for you is that the Griffin will NOT, at the moment and for a while, go contraband because the DMCA complaint was countered. I quote from my previous post,

"Although I am not 100% sure it will become a contraband item, I feel that it is unlikely for it to become very rare, being only a restricted quality rifle at the moment. It is up to you to decide whether or not to keep yours and wait for a possible change.

I do not think it will blow up as the howl did, but if you have one, I would advise trying to trade it for an extreme price (one person sold his FN Stat Griffin 1:1 for an FN Howl), or to simply keep it and see what happens (especially if you bought it cheap). There's no real point to buying them now at like 200$ for the FN ones if you don't own them already. The howl hype, being a covert, good looking (imo) rifle, was a very different example, and a restricted quality rifle just doesn't have the same potential, being very common already."

I personally would recommend selling if you haven't already, it doesn't have the potential to be anything close to what the howl did.

A useful link, blog post from the creator himself:

http://devburmak.deviantart.com/journal/About-M4A4-Griffin-499639603

Happy trading,

-Villain.