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I refuse to post anything until I can have a profile pic. It's a part of my "character".

Hosting and serving images has a cost associated with it. It could be as simple as saving money while they work on core features. Functionality takes priority over aesthetics.

Yep. The cost of hosting was my hunch. I'm still somewhat surprised they didn't implement a simple set of maybe 20-30 generic icons from which people could choose. But, so far, it seems that the general concensus is that it's a feature we can expect to see at some point in the not too distant future...

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