To be fair, no one has confirmed nor denied that this IS the "new Phailhaus."
Now, odds are Phailhaus is on "hiatus" while Pheed Dump...err...Feed...is running, since there is only so much funny news stories, but for all we know, the Phail could keep rolling.
Also, I love this show. Phailhaus, Whatever Thing, Fun with Microwaves, and cHustle/pre cHustle "us as ourselves" vids are really my favourite LRR vids.
I may watch this over and over and over just to tell the escapist how much I love it and never want it to end (even if it ending is the only way to get back Phailhaus).