This article quotes RTD as saying that Torchwood hasn't been cancelled, and that it's merely "in limbo" at the moment, and that he would have carried on making it in the US if events hadn't brought him back to the UK. Additionally, he doesn't rule out future series of Torchwood.

So, does this make you happy? Would you be excited to see new Torchwood? Or do you wish that the series would just die and never come back?