Looks like the end is near for Helio and all you Helionauts, I'm sad to say.  Ryan Block - the Editor in Chief of Engadget Ryan Block - just reported that Helio store managers are being notified that Virgin will be shuttering the doors on some, or possibly all, of Helio's retail outlets across the country as part of their takeover of the copmany.  Furthermore it looks like Virgin will simply absorb all that is Helio, doing away with the Helio brand in the process.

No word yet on when this is all going down and what it will mean for current Helio subscribers, let alone that Ocean 2 handset that's already been spied in the halls of the FCC.  More as we get it...