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Easy does it now, there's a few things to consider before jumping on the '1/64th scale hobby is dying' bandwagon...
1. Christmas is coming, which means good deals are to be found just about EVERYWHERE.
2. They could just be clearing out inventory. At the $24.99 pricepoint people weren't buying, so to get rid of it they drop the price to something that should move the product.
3. Competition. With the RadioShack ZipZaps line, not to mention all the clones, competition has driven them to bring the prices down.
I would look on this situation as a great opportunity to buy some great stuff for great prices.
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