I have some Craftsman Tools, both power tools and hand tools and don't really mind them. My tablesaw has been around since the 1950's and my bandsaw was created in the 80's. I seem to get by alright, but then again I am not one to just let things slide or replace parts with store bought parts. I make my own parts, and am constantly improving the tools with my own add ons.
When a Craftsman router table began to sag for instance, I did not swear at it, instead I machined out a plate that sat on top of it, made it more ridgid and has lasted for 10 years or more. Still most woodworkers don't have the resources that I do, so I can see why they would be upset with the tool line.
I do like their hand tools though. I have to buy hand tools in 3 sets. One for my woodworking shop, one for work and one for my snowmobile shed. If I had to buy snap on or SK for these 3 places, I would be broke. Craftsman seems to fit a nice cross between economy and quality when it comes to hand tools and wrenches.
I'll miss the tool line if it does come to an end, but yet I understand why others would not.
I have no intention of traveling from birth to the grave in a manicured and well preserved body; but rather I will skid in sideways, totally beat up, completely worn out, utterly exhausted and jump off my tractor and loudly yell, "Wow, this is what it took to feed a nation!"