"... we’re pouring all of our energy into fewer products. We think that kind of focus will make for a better user experience." Yeah, Reader held back the development of the robot car, glasses, floating balloon internet and the brazilian social site...
Honestly I think Google went above and beyond by giving advance notice, having an API which allows feed exporting and allowing subscriptions to continue to be exported after they close it down for those who ignored the advance notice as well as linking to alternative products.
Sure it sucks for those who used it, but can you imagine a company like Apple or Facebook doing all that for a product they're killing?