Gee whiz, us comics fans, you know? We jump to conclusions at the slightest provocation. We see a solicitation from one of the Big Two that suggests a fan-favorite comic has been downgraded from an ongoing to a back-up, or canceled all together, and we assume this to be the case. This is because it is usually the case.
HOWEVER. Please disregard my kvetching post below. Straight from the golden typing fingers of Jeff Parker himself, I received confirmation that the Agents of Atlas ongoing is NOT CANCELED, that the team is "going to be doing a bunch of specials and a Volume 3, to try to lure in new readers. Help me get that message across pleeeeez."
So, my faith in humanity is restored, please spread the word, get people to buy both Incredible Hercules AND Agents of Atlas, and all will be well.