While I am an avid Google Reader user, I think this is good news. Their product has stagnated over the past few years, yet few competitors emerged. Hopefully this creates a void that a better service or set of services can fill.
Sadly most of the services fill a different niche. Feedly and so on are all magazines but not what I consider real RSS readers. I've read though this Thread, the Reddit threads and through some "Reader Alternatives" articles. The only things similar seem to be The Old Reader and Newsblur.
