I hate to break a long silence with an unhappy note, but here you have it:
Yes, the studio is closing and development on Flight Simulator 11 is being "indefinitely postponed'.
I'm not sure what I'm going to do next, but I'm looking forward to figuring it out.
I know that this news will affect not just all of us here in ACES, but those in the Flight Simulator community - customers, 3rd-party developers, real-world pilots, etc. My heart goes out to those who will be negatively impacted.
Personally, I'm excited about exploring other options, but will be sad to no longer be working with these great folks every day.