Dead is such a harst term, regardless of wether or not new games get produced for it, the Neo will never die.
Look back at all the great games that are available for the system.
While the PS2 gets that many games made a month, how many of them are truly great?
MOTW, AOF3, Last Blade, Samurai Shodown 2, Real Bout 2, Metal Slug....those game will surely stand the test of time. What about Magical Drop 3? Puzzle Bobble? While those are not known to most gamers outside of the Neo, they too will still be great 10 years from now.
Regardless of if the system is on active duty or not the Neo is very much alive, this has been the best year for the Neo Geo in terms of great games since 99 yet I do feel as if next year may be it's last.
As long as we have all these great classics available to us the Neo will never die.
The move to Atomiswave will with out a doubt be a great idea IMO but at the same time I dont want the inevitable end of the Neo Geo's releases.