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Dead after almost 48 years. You'd think that Marvel would have at least let it hit year 50. My personal guess is that the new Uncanny X-Men comic book which will chronicle Cyclops' X-Men and their attempts at global conquest, will eventually revert back to issue #545 when the time is right (Which is a tactic that both Marvel and DC have used several times in the past with Wonder Woman's reboot being the most recent if I'm right.)
The other two nice comics I picked up this week were Ultimates (Book 4) #3; and Vampire: The Marvel Undead # 1 - which is basically the Marvel Universe encyclopedia chronicling this time just the vampire nation.