As millions of people wait for the arrival of Christmas in just a couple of weeks time, the festivities have come early for BitTorrent fans. A few hours ago the mighty Demonoid fully returned and the good news is that there appears to be little data loss. Users are feverishly uploading fresh torrents right now.

In September, Demonoid, one of the world’s most important and well-loved trackers, went down with overwhelming hardware problems.

An update on the situation was not good, with the site owners forecasting severe data loss. Some user data and torrent files were predicted to be lost forever and the site’s code had been seriously damaged.

Then, on November 5th, Demonoid’s tracker began to function again, which was followed by another announcement by the site owners. None of the negative rumors and speculation were true – Demonoid would soon return.

“The parts of the site code that got deleted are being rewritten and should be ready soon. We are also working to try and minimize the data loss as much as possible,” they announced.

Since then, nothing much has happened, but a few hours ago Demonoid users discovered they are to get an early Christmas present.

At around 1:30am EST, Demonoid reappeared and started accepting logins from registered users.

“Hello! We are currently testing the newly written code. More downtime is hopefully not necessary, but might be a possibility. Welcome back, we missed you!” the admins said in an announcement.

In respect of the concerns over data loss, it appears that the latest database entries run to Friday September 11th 2009, but of course, Demonoid users are already uploading new torrents, reported to be as many as 150 thus far.

A TorrentFreak reader who as been following the situation since the site’s return told us: “Some users on the IRC channel (which still is active) report not being able to log in. Those that can log in have all noticed that their ratios were pretty much what they remembered them to be before the long downtime. I was able to log in just fine on my first attempt with correct ratio as well.”

As the site deals with various issues, it became a little unstable around 2 to 3 hours after its initial return and then went down again around 4:00am EST.

Although Demonoid’s RSS feeds aren’t functioning, at the time of writing the site appears to be running again, and displaying their famous demon logo all decked out in a santa hat.

Christmas really has come early for Demonoid fans. All that is need now is a gift for everyone in the community – a period of open registrations.