So if you missed it, Itch.io has officially stated that they will be seeking a new payment processor that allows NSFW content. Further, Itch.io has already begun lifting the shadowban from nsfw games that do not accept payments.
Itch.io's Update
It seems more and more credible that Itch.io will be undoing the damage of their NSFW content ban, and NSFW creators will be able to use Itch as we always have. For my part, I'm approaching this with cautious optimism. Itch.io has not fixed the problem yet, but from where I stand, it appears that the site is making meaningful and timely strides towards a solution that prioritizes the needs of their userbase. We may not need to abandon Itch after all.
Of course this is presupposing that Itch does secure an alternative payment processor. Until that happens, the site has not earned our forgiveness.