Not even close to dead... I own V3 and readilly admit she's more realistic and an excellent improvement on V2, but one V3 is about all my old PC can handle, if I want a second character, or more than rudimentary scenery etc., I'm forced to resort to V2 and Mike, (or for a more crowded scene, Dork and Posette - which are also still very usable with the right textures). I think V2 will still be in heavy use for awhile... at least until a good many of us can afford to upgrade our machines. :)