Well, I can't say I was a fan of 'em... But it's never good to hear a game company with any kind of promise shuts down. GRIN Studios, developers of this years lackluster titles Terminator: Salvation and Wanted: Weapons of Fate, along with their decent rendition of Bionic Commando and last years Bionic Commando: Rearmed, which I have to say was pretty awesome
There's really not much more I can say besides "that sucks".