It's like West End Games all over again!
I'll say that I feel more like there were nearly TOO many books, supplements, and booster sets and not enough accessories to help support the game. There was only one Galaxy Tile set (i.e., Dungeon Tiles for Star Wars) released and frankly I'm not sure that Wizards did enough to link the minis to the RPG version of the game--which may have helped keep them both more prescient with the role players.
Wizards also didn't do anything to revise the mini booster sets as far as quantity and price like they did with the D&D minis. One would think they should have tried to redo their merchandising before cutting an entire license. There's speculation at the moment that another company would pick up the license, but that's likely never going to happen as there isn't another mini company with the resources that Hasbro/WotC has in place to handle a license this size. Also, Hasbro has a history of going after perceived competitors, like when it sued the Lego company over their mini figures a few years back.
With all this said, my personal preference would have been to suspend the line, or pull back to just core books and one or two mini sets a year. But I guess, once you've pigged out at the buffet, it's hard to go on a diet.
Time will tell if the license will rebound to support a game system again. Until then, I'll be buying up the ones I need off ebay, et. al.
Update: The trading/collectible card games are also on the chopping block, as the license extends to all Star Wars properties produced by Wizards of the Coast.
Update: Hasbro (of which Wizards is a subsidiary, as we all know) is coming out with stat cards and dice for their 3.75" action figures. As the picture below from this weeks' Toy Fair in NYC illustrates, it looks as though they're turning the toys into a game. A neat concept--no where near an RPG--but still cool if you're a kid or a toy collector. Call it "the Yu-Gi-Oh-fying of Star Wars" but all in all it's an interesting way to play with the toys, even if it's a total bummer for the RPG and minis game.
Huge props to Rebelscum for their hard work at Toy Fair to get images and send in reports!