This really is a dark moment. With the exception of one fault that was, unfortunately, a dealbreaker for me (the lack of Unicode support, which rendered a large part of my library useless once I switched to tagging/naming files using it), Winamp (pre-3, and 5) really was the best digital music player for Windows - it was always at the forefront of supporting new formats, it was efficient, and the selection of skins and plugins is still unrivaled.
To this day, I still haven't found another player with which I was as completely satisfied as Winamp 2 back in the days. I use fb2k as my primary player, and iTunes as a database (and thinking about getting an AirPort Express to use the "Party Shuffle" feature in the living room), but there are still little issues which annoy me - I cannot recall a single instance of that with Winamp.
Nostalgia-induced selective forgetness? Maybe. Maybe not. All I know is, Winamp was a major part of my computing life for many years, and I'm sad to see its demise.
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~KS