This is a really big deal for the genealogical software industry. Although there are a few "free" genealogy programs out there, none of them had the FamilySearch stamp of approval and none of them had the market penetration of Personal Ancestral File or PAF. The official abandonment of the program is long overdue, especially with the FamilySearch emphasis on photos and stories and such.
Here is a link to the FamilySearch Blog Post announcing the date. Quoting from the announcement:
Beginning July 15, 2013, PAF will be retired and will no longer be available for download or support. PAF users should consider alternative products to meet their ongoing personal genealogy management needs.
For full details and for information on alternative products, please visit http://familysearch.org/PAF.I wonder how long it will take to convert all the die-hard PAF users? I suspect that the ghost of the program will outlive me.