Here's hoping they can save their game. As someone who's been through a lot of closures myself, I feel for 'em.
Ever notice it's the games that don't neatly fit the swords-and-sorcery cookie-cutter molds that tend to get the axe first? AGES Online (alien world sci-fi lasers & magic MMOFPS, one of the first of its kind), Earth and Beyond (spaceship sci-fi), Auto Assault (car-based post-apocalyptic), Tabula Rasa (alien world guns-and-magic), Exteel (giant robot arena combat), CoH (superheroes), Dungeon Fighter Online (swords and sorcery, but a side-scrolling beat-'em-up), and now Toontown (classic cartoons).
I hardly hear anything about cookie-cutter WoW clones and Everquest clones getting closed down.