It's a shame. I'd just mentioned in my 2008 restaurant retrospective that I was impressed by how it had retained its quality, and had planned to return in 2009. I'm sorry to see it go.
I'll reiterate the statement I made at the end of that post: try not to let the recession prevent you from patronizing restaurants that deserve to stay in business. If you can, go at lunch: it saves you money, and helps them keep their doors open!