I was very sad to see the demise of Muxtape as we know it. I initially wondered why the site wasn't shut down sooner, but it was, on the whole, pretty innocuous. It even linked to Amazon so you could buy tracks if you liked them (downright saintly compared to The Pirates Bay.) Muxtape will be reincarnated, according to the site's letter from it's founder, now gracing every old Muxtape page, and this time, it will be centered on independent musicians. Perhaps that is good news considering MySpace's recent troubles with the indie community.
It does make me wonder if Tumblr's music option will stay.
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