Diablo freeride park announced they're done. [Edit: now someone on mtbr says that Diablo isn't dead, it will be in business next year, just without the current manager. So who knows.] [Edit 2: "Today Mountain Creek announced that the Mountain Creek Bike Park, formerly known as Diablo Freeride Park, will open for the 2012 season on Saturday, May 5, 2012 . . . Mountain Biking will live on at Mountain Creek now and forever."]
Long live Launch. [And Mountain Creek.]
very sad. It sounds like they might be lookign for a new location to invest in... like Philly.
Probalby the only way a park like this can survive is if the operators own the land for obtain perpetual rights to manage it.
Diablo was simply the name of the company and bike park that leased the land from the owner, Mountain Creek. They could not come to agreement so Diablo walked. However they will have a bike park, and as of today, it's called...... Mountain Creek Bike Park... 
Don't y'all worry, it'll be open and going full throttle this year...
http://www.facebook.com/pages/Mountain-Creek-Bike-Park/347148481980127
The name sucks compared to Diablo but other than that I don't give an F, as long as there are trails. I can't help but feel like Dierk's e-mail had something to do with the announcement today....
yeah there was no way they could leave that just as-is w/o explaining something to riders, that caused a frenzy last night! I do like that they're still going to honor the 2012 passes for Diablo.
Hopefully it will just breathe new life into the place. From what I hear people have been unhappy with Diablo's efforts the last 4 years. Personally I never knew the place any different, since I hadn't ridden much there until 2009, always seemed like it was well kept, but maybe it could be better? We will see, I have a season pass this year, so I'll be up there quite a bit.
Totally sucks! Makes Launch all the more important to us now.
I live for singletrack!