Macbook Pro 17 - Dead or in hiding?

Title says it all - is the Macbook Pro 17" effectively dead with the introduction of the retina 15" or is it just in hiding? And if it is dead, what does that mean for 17" users? Has this shot the resale value of 2011 17" Macbooks up? Will the Retina screen make up for the lost physical size in the Retina Macbook? Should we Macbook Pro 17" users dump our 17"ers now or wait for an increase in resale value as the general populace realize the 17" Macbook is gone?