Rocket stated "That's right, this is actually happening -- DayZ will be developed as a standalone game, with me as project lead, by Bohemia Interactive. This is the fairy-tale outcome for a mod that many would have said impossible four months ago."
What this means for the continued support of the "DayZ" mod itself is unknown at this point, however; Rocket went on to add "Development and updates of the mod will continue in parallel with the development of the game, so anyone who is playing the mod now will be able to continue to do so. The project will follow the Minecraft development model; fast iterations with the community alpha available for a heavily discounted price."
The mod reached over a million unique players only a few days ago, and the game creates a frantic and paranoid atmosphere. YouTube is flooded with videos about the mod, where players engage in nervous gunfights, remain watchful for zombies, and scavenge for supplies. It'll be interesting to see if the standalone game version of the mod will be adapted for console release or if it'll remain PC-only.