Roleplaying lives on (Score 1)

WotC's having a hard time of it, but it's been indicated that they plan to just use more freelancers - they've already done this with some people they laid off, like Monte Cook. Between this and the Open Gaming License, support for D&D will always be available.

That said, the biggest progress in RPG's lately has been from smaller, independent creators. Check out The Forge - tons of people all working on their own creator-owned games.