People seem to be missing the point that this is a delay, not an end. Intel is still committed to it.
I'm not crazy about x86 plaguing video cards too though, so I have mixed feelings.
Nvidia should go belly up soon, and if Intel doesn't compete with ATI, we'll have only one player. It's really better to have these two banging heads. With Nvidia, there are too many problems with their products. With Intel and AMD, you can trust when you buy their products. So, I hope Intel can make a competitive product.