This news story on CNet paints a somewhat different picture about the situation, and makes it appear less likely that service will actually be shut off.
Bankruptcy Judge Thomas Carlson said Redwood City-based ExciteAtHome could reject its existing contracts with the cable companies as early as 3 a.m. EST Saturday, when their contracts expire. Carlson gave ExciteAtHome the leeway to end the contracts after concluding they had become Â“clearly burdensomeÂ” to the company. Under the contracts, ExciteAtHome executives said the company was losing up to $6 million per week.
I second that. :(