After years of running their flagship personal finance application, Microsoft is bringing an end to their Money software. There have always been two major players in this arena: Quicken and Money. Microsoft has always lagged behind Quicken and at one point even tried to buy them out. It wasn't that Money was inferior software as it is still popular and touts a robust set of features, but it never quite gained enough popularity to make it a worthwhile venture.
According to Microsoft's official statement they base the decision on a change in the financial landscape and consumers' needs. It is true that there's a lot of competition out there and there are plenty of free alternatives such as Mint.com or Quicken Online. With more options available and the increased popularity of web-based applications I can see how it might make sense.
Either way, if you're a Money user you should be aware that there will be no more software updates and will no longer be available for purchase after June 30th. In addition, other features will cease to function such as automatic stock quotes and updates. If these features are important to you it may be beneficial to begin looking for alternatives. From what I've heard, the folks at Quicken and Microsoft are working together to make a streamlined file conversion utility to help Money customers import all of their data seamlessly.