Yeah, that's been out in Springsteen fandom for a couple of months. We were expecting it to go away at the end of the Magic tour. The continuation of E Street Radio was one of the first hints that something new was coming.
As long as Sony wants to keep paying for it, I'll keep listening. I know it's popular to hate the single-artist channels, but E Street was one of the factors that convinced me to pick Sirius over XM back in 2005.