At first look, this seems like good news, but if you look at the stated reason for the cancellation it's not good at all.
NEW YORK (CP) - The NHL has cancelled a board of governors meeting scheduled for next Friday in New York, citing a lack of developments in collective bargaining, The Canadian Press has learned.
So, it would seem the meeting was initially called not to cancel the season, but to discuss the status of CBA talks. And since there is nothing to report on CBA talks, there's no need to meet.
Personally, I'm getting to the point where canceling the season is starting to look better and better. Call it lockout fatigue. Also, there's going to come a time - probably sooner rather than later - where they couldn't even get in a 40-game season in if they strike a deal. If the league can't play at least half its games, then its already a tainted, phony season and I don't really see the point of that.