CloudFlare pipes all traffic through an interception proxy and delegates signing of SSL certificates to their own infrastructure. A domain behind CloudFlare can be monitored (they see everything in plaintext), the content tampered with, or the origin completely changed without a single notification to the outside world anything has been altered.
If you're sitting back in your evil chair, this is the perfect vantage point through which to intercept what seems like the majority of all browsing traffic in the world. Even if you're not planning world domination, this is an otherwise unobtainable amount of user metrics you can package up and sell.