Then you haven't been paying attention!
There's too many people who are involved in the Wam who like it too much to see it go. I'd happily run it with an iron glove, charge you all a fiver for the privilege and bin off anyone who was acting the prick.
It'll be back, it's too big not to be. James should bin off the google ad-sense and MTFU. Set the WAM as a LTD company registered abroad and not give a rats ass about libel this and that.