It looks like the party's over for EA's Skate as far as making movies is concerned. According to an update at the official Skate Reel Share page, the servers will be shut down on March 1st for both Xbox Live and the PlayStation Network. "Servers for the skate.Reel feature will be shut down on March 1st, 2010." No word yet if this'll effect Skate 2 at all, but it doesn't look like it at the moment.
Bummer. We were just getting used to seeing killer bails like the ones below.

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