thats 3:00 AM GMT or 10 pm EST

Isn't it 11pm EST?

Wow, I stayed away < 1 hour and found good news on arrival. 
Thanks for the update Oldminer.

you are correct, sir!

I'll add this here, we have enough threads:

Free and reduced trade commissions at MtGox!

[Update June 23 - 03:45 GMT]

We realize that it will take many steps and vastly improved security to regain the trust of our users and the bitcoin community, but for now as a token of our gratitude for the extreme patience our users have shown, and as a way of saying we sincerely sorry for the breach of security that lead to the sell-off, we will be reducing trade fees to 0.3% (from 0.65%) for two weeks following Mt.Gox's reopening.

Users who's trades were effectively cancelled during the the sell-off will be able to trade for free for 1 month following the reopening, and will also receive a free subscription to our upcoming 2-Step security authentication feature for as long as they hold their account.

It's probably a better deal if you get to keep those coins bought @ 10.59

Didn't Tux say in his interview that this would be free to all subscribers?

I speculate big dump when trading begins so everyone set your buy at 5 bucks!!!!! Ok I'm delusional.

Maybe you and mjsbuddha are both right: You pay for a subscription, and then it is free to all subscribers?
Whatever, Paypal charges $5 for a security upgrade, but it's a one time fee.

Those did not get sent yet afaik, did anyone get the second email?
It allows you to log in (I think), so you might not receive until the final countdown.


EDIT:
The answer is in the OP, please pay attention to detail: 
Between now and tomorrow at 3:00 GMT you should receive an email with instructions on how to access your account, provided you have successfully completed the reclaim process at claim.mtgox.com.