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Google finally has a successful long-term product, so now it's killing it
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This isn't so much killing the Chromecast but releasing a new, albeit more expensive, version. They changed the name, but it's not exactly another product in the Google graveyard. It's more of a rebranding.
That said, I did like the original Chromecast and especially the Chromecast audio. I liked the idea of my phone did just about everything. I didn't need a remote or a shitty UI on an underpowered device. It did one thing, and one thing well, play the video/audio stream url that got sent to it.