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OD&D isn't dead either if you mean there are people playing. Indeed, I'm one of them. PF isn't going away, but for all intents and purposes as a platform, it isn't going to get anywhere near the level of support it has enjoyed, has been bleeding both players and sales to 5e at a prodigious rate, and will become fan-supported over time to keep it going as Paizo focuses marketing effort towards its new shiny.
I've watched 3rd party vendors dumping stock like crazy. FGG sells it by the pound at cons so they can clear whatever stock they have left. And if you look at online platforms to get a sense of play or Amazon for a sense of popularity, PF isn't close to 5e. No they aren't perfect metrics, but they are useful for understanding the gaming market.
If LWD was/is betting on a big influx of PF money, they missed that boat. And Paizo missed a huge opportunity to stem off the 5e tidal wave. 20/20 hindsight.... The boat steered too slowly.
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