Steam - Game content conversion

[Aya]

This problem sounds so sudden and large. Perhaps it's a problem with Steam itself. I'm sorry everyone. If I knew a solution, I'd give it to you =[ I would say wait it out and hope Steam makes an update fixing it. Have you contacted them?

The issue is most definitely with Steam itself. They've forced a format update, and fucked the games up in the process. It's not surprising really; Steam breaks shit all the time. I'm confident they'll fix it EVENTUALLY, but until then everyone is getting kind of antsy. I've personally contacted them, to no avail. I also see threads all over the Steam forums about it.