It's business, and to be honest I thought they were going to go under sooner. The main reason I am okay with it is most of the IP's I really liked are in the hands of developers I liked more then THQ's.
http://www.terra-comic.com --> Terra: a Science Fiction Webcomic / Updates every 15th of the month.
Red Faction, Summoner, Saint's Row, Darksiders, Metro 2033, some wrestling games, and... uh... probably some other stuff I'm drawing a blank on right now.
I think it kinda sucks and is one of those things that other companies could learn from, if they analyze what they did wrong. Still, if the series they owned get picked up and carry off in a good direction, then I'll be happy. I really want Saint's Row to keep with its insanity when compared to the GTA series - it's why I like those games, but not Grand Theft Auto. And I want Red Faction to hopefully return to its FPS roots and destructible level setup.