Ouch. The SL-1200MK2 is an awesome piece of equipment. This is just really shitty news. The fact that I've put off picking one up has finally bit me.
EDIT: So apparently Gizmodo got it wrong, and it's only the SL-1200MK6 model that is being discontinued (appended at the end of the link above). In other news, I hear that, three years ago, Christine O'Donnell did not have sex with an SL-1200MK2. (Everyone knows that Gizmodo and Gawker are sister publications, right? )
Anyone who watched MuchMusic in Canada through the 80s remembers the constant appearances of Neil, Nick and Paul in the live environment. I've seen Neil Finn in concert numerous times, and I always held out hope for one reunion tour.