The rumor of the last couple days, backed up by tweets from employees of the company, is that Joystiq is being shut down by it's parent company AOL.
Joystiq is one of the best places for gaming news online. I've had them in my RSS feed for as long as I can remember.
From time to time, as I've played various MMOs, I've also followed the work of their subsites like WoW Insider and Massively.
Joystiq does such great work and they're one of only three gaming news sites that I actually look at every article they post. If they're gone their is going to be a hole in my gaming news and I don't know where I'm going to turn to fill it.
The other two sites that I look at every article from are Polygon and Rock, Paper, Shotgun. But I need to get news from multiple sources. If Joystiq really goes under I'll be in search of a new general gaming news site. I would rather not turn toward the Kotakus of the world. They don't do very good work. Occasionally they've have an article worth reading, but they fail at being a purely news site.
I'm sad because I know there's nothing I can do about Joystiq. It seems like AOL just doesn't know what to do with them. It seems to be the fault of AOL not understanding the property that they're sitting on. It's definitely not the fault of the journalism.
We'll have to wait and see how this plays out, but it's not looking good.