The most recent version of HyperCard, 2.4.1, was released in July 1998. As it was allowed to languish so badly, few have seen what HyperCard can do with QuickTime and AppleScript technologies.
Both iHUG CDs, distributed non-profitably, especially the HyperCard Mail List CD released in January 1999, make extensive use of HyperCard with QuickTime and AppleScript and are probably the best representations of what HyperCard can do. They go beyond displaying movies on the card, they are part of the interface to the content on the CD.
Consequently, when the content on these CDs was shown at MacworldSF, many saw a HyperCard they never knew existed.
No sense asking Apple to let HyperCard go, they should keep HyperCard in-house, and reap the profit from a Carbon upgrade. Stockholders have a twelve year investment in the software.
At the January MacworldSF, we were informed it would take one, maybe two, engineers about six months to carbonize HyperCard. I believe it now, more than ever, after seeing what Lemke did with GraphicConverter.
Lemke carbonized his $30 shareware; it opens and performs in either OS 9.1 or OSX, it's not Classic, it opens native in OSX. If a shareware can be carbonized that cleanly, Apple can certainly carbonize HyperCard.
Apple can inspire a lot of developers to carbonize their applications, if they took the time to carbonize their own. Write the new Worldwide Developer Relations VP and ask him what good reason to leave HyperCard behind while bringing the others to date. Write Cheryl Vedoe about the education angle, Fred Anderson about the value to shareholders and Steve Jobs about keeping computing fun. Project and Interface builders have their place, but they're not fun.
It is obvious to me, given all the news, all the users that still work with HyperCard in education, businesses (Northwest Airlines, Nabisco, Renault, Kagi, for starters) and homes... that any stockholder would consider the value of their shares maximized if HyperCard were brought native to OSX. The idea is to lower risk, not increase it by ignoring previous technologies the company has invested corporate resources for more than a decade.
Just another 2¢