Is Usenet Dead?

I may have missed the countless articles, Slashdot posts, etc. (would anyone be surprised, or as one of my colleagues keeps saying to me, "OLD!"). For some reason (okay, I was looking up music album easter eggs), I came across a link to an alt.music group and made me think of the "good old days" when customers would ask UUNET to basically max out their T1/T3 with Usenet newsfeeds. I started digging around, and noticed aside from the occasional spam posts, newsgroups seem to be dead.

Did everything now go to Wikis, blogs, collaborative web groups (i.e. Yahoo! Groups), and BitTorrents (R.I.P. alt.binaries); and I just didn't notice?