Kongregate co-founder Jim Greer has announced that the giant flash game site has been purchased by retailer GameStop. Does this mean if we want to play a game on the site we’ll have to put down a minimum $5 pre-order through an apathetic, smelly twenty-something? Oh, apparently that isn’t exactly the case. Well good, what does it mean then?

According to this love-filled, humor-enriched announcement, not a lot–”good answer” so say we all. The site will be losing its beta tag, and the GameStop PowerUp rewards program will be integrated into the site, allowing players with the highest scores and achievements gathered to win cash prizes. Maybe most importantly, the revenue sharing system for contributors will remain and won’t deal with any changes at all.

The amount GameStop paid for the site? According to Greer that detail is “confidential.” We’ll have to see how things develop and change on the site in the coming months, for better or worse.