Even with the not-particularly-shocking news this morning that Kawasaki is to suspend its factory MotoGP effort immediately, it most probably isn't all doom and gloom.

Given that the factory has a contract to supply bikes for the championship until 2011, and the penalties for not doing so would be most severe, the smart money will go on the team being handed over to Michael Bartholemy to do with as he sees fit.

Dorna boss Carmelo Ezpeleta will be desperate to keep a full compliment of bikes on the grid for this season, so I would guess the commercial rights holders will give the current team some financial support. Bartholemy won't want to see years of work disappear down the khazi in one fowl flush, and is no doubt making a lot of phone calls behind the scenes.
If this comes to fruition, the team would be able to keep Marco Melandri and John Hopkins, and his money, but wouldn't be able to develop the bikes must beyond their current state. Whether the current technicians are able to continue with engine building is a matter for speculation but if not, that job would have to be given to someone outside of the team.
If this happens, it does beg the question is there any point? From a humanitarian point of view, it's great because it keeps lots of people in jobs even if they have to take a pay cut. From a sporting point of view, it's equally great because it will be good to see some green bikes out on track.
From a sensible point of view, however, what's the point? Melandri is coming off the back of a bad season and you're only as good as your last game, Brian. Hopkins, to be blunt, is no genius on a bike and the bike itself, by the time the lights go out at Losail, will be a mile behind in terms of development.