Yes, people value the forum. I, for one, valued it very much. I went there all the time. It was my favorite place to post. You and I had many discussions, usually on opposite sides, and I always thought it was great (I was under a different name).
What?! What is this devilry?! I demand to know who you are!

Goddamnit, is this Prospero?
But, even though I value it, that doesn't mean I give it an importance that it doesn't deserve. Even if they decided to end it - say, because of cost issues and they wanted to take the site in a different direction - I would be disappointed and I would oppose such a move, but in the grand scheme of things, there would be far greater things to go off half-cocked about.
Well, I think I personally have been pretty measured about it, asking salient questions and putting forth reasonable supposition and commentary (perhaps I think too highly of my response to this whole thing). Yes, I have been a wee bit emotional, but one thing I haven't done is march around with a torch and pitchfork.
But as I commented in another colossal thread, I think there is a disturbing trend in various media and certainly on the Internet toward "managed content" and a disregard to a free flowing, organic exchange in favor of "moderation." I think this move at RD.net is another example, but I won't know for sure until the new "forum" is up and running. People just don't like the idea of their Internet being sanitized. The reaction of Mr. Timonen and Mr. Dawkins to this whole thing tells me they just don't understand the underlying concerns, and use the vitriol of a minority of their website's user base as rationalization for their callousness.
Rest assured though, none of this makes me lose sleep at night. lol