Before going into a hysteria about this event, look at what what YOU can do to make yourself sit in a safer place.
ANYONE using a single processor has a right to be nervous - Be it with any of the processors. They come and they go.
The SAD thing in this is that this is about IBILL, a joint pioneer in our industry that have history going back since the inception of adult internet. And it would be a disaster if they actually went out of business.
They are not yet out of business, and we all hope they won't, for the good of our industry.
All I know is that OUR clients can switch between any of the processors they use in our cascade and still use the same linking code for ALL processors, be it Epochsystems, IBill or CCBill.
History: Many of our clients used PSW as one processor among THREE when they were processing back in the day. The day they went under ALL our clients switched the cascacde from their admin panel to reflect this change, not having to have their affiliates change ANY of their linking codes. That easy. And that is how easy you should have your setup in case something like PSW happens.
All I can say is that I really hope IBill pulls through, hell, they have been through tough times before...
Good luck today!