It comes as no surprise lemon. The way the processor deals with its members and merchants gives away the life of the processor.
And observing the way it was working from the start anyone could have guessed it would go down. Infact i told that in this thread long time ago. This is nothing new about the processors
I agree with you. Though it managed to obtain one good online exchanger swapgold, it failed to attract merchants, but for any payout processors to sustain long, merchants are the important thing. But Perfect Money on the other hand, though it was launched after Ecu, is getting popular day by day as I can see many HYIP and investment sites are right now accepting PM as an alternative to LR.