Google is doing the right thing that would be typical for an internet company. For any product they would need to have maintainers/owners who are continuously updating and monitoring. It is completely waste of time to maintain unused stuff.
You are making a false assumption. I personally use the FeedBurner API to keep track of feed subscribers, for example, and it was deprecated yesterday.
....and you still have 3 years to use it! (granted no more development will be done on the API.) So over the next three years which is like an eon in web years you can look for an alternative. Frankly Goolge might even bring out an alternative.