FileFront has been bought back by the original founders from Ziff Davis Media and will NOT be shutting down.

After learning about Ziff Davis Media's plan to shut down FileFront at the end of March, the original founders of FileFront made the decision to buy it back from Ziff Davis Media.

We're happy to announce to the gaming community that as of today, April 1st, 2009, FileFront is a completely independent company again and is no longer part of Ziff Davis Media. All previously suspended services should be active and working again. We thank Ziff Davis Media for their cooperation and willingness to keep the site and community alive.

And no, this wasn't an April Fool's joke.
Information: welcome.filefront.com
Thanks Ravager