Between Pathfinder, retroclones, and this debacle, I think I've finally realized that I don't need WotC to play D&D.
Retreater
It hasn't dropped as in ended. But this month's Dungeon features three articles, only one of which is alleged to be a humungous adventure.
They are listening to other companies' customers (chief among them Paizo) more than their own (those who currently play 4e).
Alienating fans, zipping their lips on the details, not reaching out to internet fans, etc.
My faith in the internet community's ability to read everything in the worst possible light remains undiminished, though.

Restored. They are making unheard of effort to re-engage with the fanbase, are not dissing a previous edition when working on a new one. All good from my point of view.

(Dungeons & Dragons)
Rulebook featuring "high magic" options, including a host of new spells.