IMO, this is the only valid reason, why server is being shutdown. Game itself is great, just the majority of old player became haters and expected too much from this we-do-it-in-our-free-time project.
From start of this session was tc system broken, fast relog broken - half of players left after first months maybe 1-2 months. Gangs which remain there split to nonbalanced alliances and after less pvp start to hunt players everywhere. Economy system was shame cause if you have tc locker and good gang you can easily buy everything in all shops. After all of it left only players hiding on south somewhere around Junktown and NCR. And when they show somewhere on north they will by killed with hardly gained equip for them - ghost towns. Problem was that there isnt any goal in this game. For what fight? For few screens, some video? Fight for equip, if you have tons of it. Live like hammster on fully base and craft, craft craft more for... for what? Or play for funn? Yes that is it, all games are about funn. I can hace funn from some screens, i can have funn from easy gain of equip, from crafting, but for how long? This game all the time needed some goals, funn like new quests, interesting farm locations and mainly interaction between players! Its great game but still on beginning of development, its still beta...
