This is sounding more and more like a natural disaster story...
The site has been shut down and now all these stories are without a home...
What about the stories that have been written and forgotten years ago? Will they simply be deleted? Hours and hours of peoples hard efforts for self-expression (in the smuttiest way possible) will ceize to be. Not to mention the fact that how are people whom have been awaiting for specific stories to end for years will suddenly not know where to find them?
This is a sad day for Fan Fiction.