In his April 4 Game Spin, Mark Asher talks about the cancellation of Privateer Online, the focusing on Ultima Online and the departure of Richard Garriott. As usual, Mark uses the word 'dead' a lot. A quote:
In other words, the last vestige of Origin’s vaunted Wing Commander franchise, Privateer Online, is now dead. It boggles the imagination that the series that had a game like Wing Commander 3, which outsold 99 percent of the games released, is now being abandoned.