This was on their main page, and it just cracked me up:

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The Live Server is currently down. We are working to bring the server back up as swiftly as possible. We hope to have the server back up by 7:40am PDT.

Thank you for your patience during this time.

The Champions Online Team

Update: We are now expecting the servers to be back up by 8:30am PDT.

Update: The Servers are back up!

Update: The servers have crashed again. We are currently investigating the problem, and will be keeping you updated on the status of this outtage. We hope to have the servers back up by 10:45am PDT. Thank you for your patience while we work to resolve this issue.

Update: Current ETA for the return of the server in 11:30 am. We are working diligently to resolve this issue, and will let you know more as soon as we can.

Update: Live is back up!
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Now I'm waiting for it to crash again, JUST so I can laugh some more.