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Guys calm down. All this is saying is that GM won't be making new V8 families. They'll have one corporate one, the LS series. Since fewer and fewer applications will get V8s, it doesn't make sense to engineer LSs, Northstars, etc. V8s aren't disappearing any time soon, but they will be rarer. Also I wouldn't expect to see as many updates (for example, you may not see a transition to the LS4, or whatever the next base V8 is, from the LS3 as quickly as they transitioned from the LS2 to the LS3), but I think there will still be V8 applications for years to come. No worries.
Oh, and with that said, if they could put a TC'd DI 3.6L V6 making mid to high 300s hp and torque as the top engine in the upcoming Alpha cars, I'd be very interested.
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