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SVG (Viewer) was abandoned by Adobe ages ago since most browsers support it natively.
Only IE is holding back the technology by not having native support.
Update: IE9 will have both native SVG support and native Canvas support! (Vista and above only though)
If you'd like to show your support for getting IE to support it natively add your vote and comments to these bugs.
https://connect.microsoft.com/IE/feedback/SearchResults.aspx?SearchQuery=SVG
Bring back VML! Just kidding ;) I don't think SVG is dying, but <canvas>'s adoption for HTML5 seems like the way things are going on the web.