Of this there can be no doubt. It really isn't "news" though. It essentially has been in a state of limbo since 1999 -- when the last update for NetMeeting was released by Microsoft (and the revelation that there will be no NetMeeting in Vista is no suprise). Shortly thereafter Microsoft chose to break up the NetMeeting development team and go in another direction. The machinations following that decision (at least for Microsoft software users) have been somewhat painful.
Pity though -- neither NetMeeting nor anything that followed have delivered on the initial promise (and what interested me in NetMeeting in the first place) - the ability to do real-time multiparty audio conversations with "shared space" data sharing over the internet.