They also made Republic didn't they? I hate to see any independent developer close their doors and especially in a case like this where they were trying something different.
Somebody is going to come along and say they sucked and it was bound to happen. I'm not looking forward to the time when all these indies-who-suck go bust and we only have two mega-publishers left. Unfortunately I can see that right now (right now!) there are too many good games out and not enough people to play them making many devlopers vulnerable.