I remember seeing that grin alot on the PsOne... we will miss them.

Well, Bionic Commando Rearmed and Bionic Commando are good games. Too bad for Wanted and Terminator, though I liked the Wanted demo, but after reading the reviews I told myself I'll get it when it's 5 bucks.

I really liked the Advanced Warfighter games. It's a shame to see them go. Even if they did leave on something on a low note.
Three pretty mediocre big name titles in a row would be enough to finish off most studios, paid or not. Then again, maybe their money troubles were the main reason those games were so short & unpolished.

That is sad,i really like Bionic Commando Rearmed. :(

LOL, they did bad games like Wanted and Terminator. I also didn't like Bionic Commando not Rearmed. I really like GRAW series but I am not sad about this because they deserved it I think.

I used to say those kind of things when I was a kid, but now that I'm looking for a job in the games industry, I always feel bad when people lose their studios/jobs.
edit: see picture and say ....

If you did bad games, no one buys them and your dead is inevitable. That is the truth of games industry. So I don't care about GRIN, they found new company already too.

Bionic Commando Rearmed, Bionic Commando '09, GRAW 1 and 2, and to some extent Wanted were all very good games. Terminator and Warner Brothers is probably what did them in.

To which I will be applying to :)

For the most part, true, at least when it comes to the truly awful, but a tad naive. Critical merit =/= sales. Other things like licensing, distribution, advertising & marketing, and parent companies enter the equation, too. I'm leaving out a bunch, too.
For useful references see: Jaws: Unleashed, EA, Tim Schaeffer's entire career, Planescape: Torment.