doomed from the start
Meego was, and is, doomed from the start... First, it's brought to you by Intel, a complete nobody in the world of owning any software ecosystem above the BIOS and drivers. Second, the marketing messages are confusing-- it's Moblin, it's Meego, it's a phone OS, it's a car OS, it's a netbook OS, it's a tablet OS, and all work harmoniously.... riiight. And last, pissing off both Microsoft AND Google was not the best idea for a software wannabe.
As for Intel bailing? Nope. Bailing would mean some VPs at Intel would have to admit they were wrong. Never happens at Intel, because being wrong means getting fired. Think of Meego as job preservation. As long as the responsible parties can keep their bosses eating the Meego dog food, they survive.