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I think they (being the developers) realized that the feat needed some hands-on attention to specify/clarify the interaction with various feats and effects. Currently it is probably in discussion with the developers, but the extent may be so far as to require re-wording the (Pummeling) feat. If the feat wording changes, then the feat will only resurface in its new form when the ACG goes into its second printing; and will possibly become PFS legal again then.
So (by my guess) the feat is currently in review with the Paizo team to be either FAQ'd into balance or reworded into balance. If it will be FAQ'd then we can expect to hear about it in the next 2 to 12 weeks; otherwise the next edition of the ACG may be 1 or 2 years off.
In the interim it is just prudent to remove it from PFS play.
For my money: Pummeling Style should get addressed, specifically special riders should only apply on the first attack roll/damage roll. But it is more important to also fix the master of many styles. The style follow-up feats should only be prerequisite-free from level 6 onwards (though basic style feats would be available without prerequisites from the start). To compensate for this grant an additional style feat at levels 4 and 8 (only basic style feat, not follow-ups). This also ensures a master of *many* styles, not a master of *one-style-completed-by-level-3*.