Is Usenet Use Dying Out?

With AOL turning off Usenet access due to lack of interest it looks as if Usenet is gradually fading into obscurity. I find it somewhat useful for the technical forums it provides, but other than that it seems to me to be and to have always been a big waste of time. So personally I won't miss it's final demise, which will most likely be with a whimper and not a bang.