Sorry if I contributed to pushing this thread off topic. I just could not resist the possibility to evoke some old school christian feelings of guilt. There is nothing quite like it! To avoid eternal damnation, I will try to push the thread back on track:
I don't think WHFB is dead, but it may be interesting to speculate on its future. (My point of reference in the following is the 80's and early 90's. )
The future of a fantasy wargame would probably depend on it's ability to attract the kids. Today, I guess many kids who would have been potential WHFB-players are instead drawn to the very well developed computer and console games culture. Computer gaming does not necessarily require the same effort, but many of today's games are really sophistcated and fun.
I also think that Fantasy - as a general literary, aesthetic and narrative genre - is much more mainstream these days than in the 80's and early 90's. It was pretty geeky and subcultural to be interested in fantasy back then. Maybe it still is, but not to the same extent (I think). If computer gaming is a "threat", the mainstreaming of fantasy would have to be a good thing, meaning that the content of WHFB is accessible and understandable to larger groups of kids?
Just speculations, of course, but what do you think?