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According to this Macworld article MS decided to halt development of said product, mainly because of the intel transition, making the next version of VirtualPC like making a complete new software.

 

A Microsoft representative said at WWCD:

"Mac BU has made the decision not to move forward with a Universal version of Virtual PC at this time; however, current Virtual PC customers will continue to receive product support"

 

 

(mac BU stands for mac Business Unit)

I'm not sure if this means the death of VPC or if it means there won't be one that runs on both Intel and PPC platforms. People are talking "gloom and doom" but Microsoft might have something up their sleeve that they aren't telling us.

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