This does look bad as I was looking forward to the Class Compendium especially, but I will reserve judgment until DDXP. I find it hard to believe that they would cancel so much unless it was making room for something else.
In all honesty I could stand a little "grid-filling" right now. I loved Essentials, but I want things like warlords, more cleric domains, more mage schools, etc. Things that increase options without increasing clutter (i.e., feats, powers, etc.).
But my fear is that the something else that fills the schedule will try to make people even more dependent on paying the renewing DDI fee. Both the new character builder and the no issue compilation moves seem like they're headed in that direction.