The Hubble's Fate In Debate at NASA
FortKnox writes: "Well, it looks like NASA is trying to determine what to do with the Hubble. 2004 is supposed to be the last transmission, but NASA might keep'er up till 2010. Also, they are considering maybe putting it in higher orbit. If they are going to retire it, I say we need a replacement. It has really shown the beauty of space, and given scientists closer looks into the cosmos. We can't just let that "die", we need to continue studying!"
http://www.ngst.stsci.edu/
The comment about not having a replacement isn't accurate, here are a few of the NGST (Next Generation Space Telescopes), that NASA wants to loft:
http://sim.jpl.nasa.gov/beyond/
http://tpf.jpl.nasa.gov/
http://lisa.jpl.nasa.gov