Except that you can still transfer to/from European bank accounts (though it sounds like there's a delay) and it looks like they're getting setup to support US accounts though wiretransfer if nothing else.

Mtgox relied too heavily on dwolla, and that's hurt them. They'll never recover the market share they once had. But I don't think they're dead; they're not currently attractive to US based bitcoiners. Once they get that sorted out, things will normalize.