I was an major SW comic book reader, including Shadows of the Empire(which I'm not sure is canon either these days?) Dark Empire, DE II, Heir to the Empire, Empire's End and Dark Force Rising. And many other comic book releases for EU, or hell the games too. I'll admit I never read any of the books which I'm sure are way more vast in comparison but I loved all that stuff the same.
I'm not exactly happy about it either but I don't mind it being obliterated at the same time.
Being an avid toy collector for SW and other things the EU didn't produce much because it was little known to the masses. I guess I'd rather trade all the EU awesomeness for a new three set of movies and the products that follow.
And really, who can complain now since it's directly tied to the precious trilogy movies?