They're not quite dead... They've built less than 300 bikes in 14 years. That's far fewer bikes than you'd imagine given their notoriety, but these 300 areprobably among the best bikes ever made...
That Pinner looks gorgeous, but no dropper and XC tyres are indeed confusing. I love how the tubes cross each other on the front triangle, they make nice parallel lines and apparently a very low standover.