Bailed.. This screams "Weak" to me. Aside from the job thing, which is completely understandable, it sounds like they lost faith.. but what did they expect? Games in the thousands? Large communities for an up an coming console? They see things quiet down and think "this may be the end" when really it is simply a lull.. this is the quiet period for all developers normally. They create a site and give up just as fast because the going got tough. While this may sound 'fanboyish', it isn't the case. Nothing disgusts me more than people giving up because it got a little tough, that they won't stand up and fight for something they believe in. That is why they made this site was it not? Because they believed in the console?

Who knows, maybe I am overthinking it.. either way, good luck on the new job.