I don't believe film is dead. There are too many times that film still outperforms the digital sensor. The sensors are getting better but still cannot capture all of the detail of film. Nikon like other manufacturers are stepping back production of 35mm cameras due to lack of profitability since mid-level 35mm users are moving up to higher-end 35mm systems or better yet moving to medium format for increased depth and detail. Everyone keeps saying digital will be the death of film but I don't believe it will happen. It may not be a prevelant as digital but will still have a solid base with professionals and amateurs alike. While I am waiting on the arrival of a Nikon D200 digital camera, I seriously considered getting a Nikon F6 film camera instead. For only $300 more I could have the top of the line film camera that was built to last a lifetime. Compare that price to the top of the line digital SLR cameras and film is a much better value. I do believe that digital will rule the market from a point-and-shoot standpoint, but as for higher end SLR I don't yet see film going away. And if you take into consideration other formats beyond 35mm, then digital has a long way to go. There isn't a cost effective digital alternative for medium format. The digital backs sell in excess of $30K and the file sizes are enormous. There is no reason to leave film if you shoot medium format or above. It's all in your perspective.
Jeff