Trust me its not dead. There are a number of projects under development, we're just had some set backs. The coin will re-emerge even more powerful than before with a new look, website, API, infrastructure/ services, casino and much more!!
Here is a PWC pool
http://pwc.minepool.net/ I'm sure its 100% not dead.
I notice powercoin is more than a month old but still maintained high volume of trading in cryptsy without any spamming promotion I observed done by dumpers.