I'm also in the "its not dying its just a slow game" camp. ive been on dying websites. ive been on websites abandoned by the owners that are just languishing away. ive been on websites where the few remaining users try to help the staff stay afloat in any way they can and it just doesnt work.

pixpet is the type of game where you pop in once or twice a day to make sure things are running smoothly and go about your business. yeah you can spend hours playing adventure or chatting on the forums but thats not the main bulk of the game imo.
Even then you have to consider. Forums in general are less popular than they were years ago, pet sites are less popular than they were years ago... it is what it is! no need to pull out the ol "woe is me the site is gone" thread like they have every other month on gaiaonline (which, by the way, also isn't dead) that gets downvoted into dust