Ah, sorry if this was already posted but this is truly a gem of the new FIVB administration:
Attribution of points
FIVB approved the proposal that in case the team hosting the Olympic Games participated in a previous World Cup then they would keep the World Ranking points gained at the previous World Cup
So Brazil will not lose their points for the 2011 World Cup. We are stuck with Brazil as world number 1 for another 3 years.