Most businesses believe it is better to obfuscate the truth to the bitter end than admit they messed something up. 
Well, in my experience, companies, especially ones that deal directly with their customer base as HTC does, or any company that provides a service rather that a product, benefits more by better clarity of communication. Being obfuscatory, especially when dealing directly with the customer base on a personal level, is not beneficial to either party. Most people can smell BS, and would prefer the straight truth, as opposed to having smoke and rays of sunshine blown up their ass. The customer appreciates the honesty, the level of trust remains and customers will maintain a sense of fidelity about their favorite hobby (or service).
If a plumber is honest with his customers and performs his craft with pride and dignity, the rewards will be loyal repeat customers that recommend others. In this modern world, screwing or being dishonest with your customers is easily remedied by the consumer with the click of a mouse. Someone is ALWAYS in the process of building a better mousetrap.
Having said that, I can't say that the lack of CT affects me that awful much, but possibly a formal announcement of its demise may be in order, rather than rumors of what someone may, or may not have heard at the convention.
As far as good intentions go? We know what is paved with them and where it goes (hint: it's one of the few that do not lead to Rome)