Well, you may have a point.
The handling seems pretty decent to me, but I am by no means an expert here. At least it is not a yellow car, unlike some (cough @sil cough).
It will be a real shame to see it go, but I just don't see how they can maintain a social network that they are unwilling to keep investing in. There is a high risk of user dissatisfaction, and Google are well known for canning things if they don't think they offer the value they should.