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Rosalind - 1:00 pm on Jul 21, 2011 (gmt 0)
Because DMOZ has no chance to re-gain traction with a complete copy under the Google brand.
I think it's more of a nail-in-the-coffin moment for directories. If Google can't benefit enough to keep it going, even though they do none of the work of adding and sorting websites, then who can?