Just certain 1200 models, not all of them:
http://www.colinfitz.com/panasonic-to-cease-production-of-technics-1210-turntables-in-2010/
"Clarification came from Panasonic UK to squash rumours. And Its not what you might think. So here goes the 1200MK5 and 1210MK5 WILL be discontinued leaving the 1210MK5G as the top of the range and most definitely NOT discontinued. It never was a limited edition, just a flagship special edition model. And the 1200 and 1210 MK2 will continue as normal. So now theres some distance between the MK2 and MK5G models instead having a middle MK5 deck to confuse matters. So its vanilla Technics or the more expensive piano black extra pitched blue light luxury model left in the range."
http://www.colinfitz.com/panasonic-to-cease-production-of-technics-1210-turntables-in-2010/
"Clarification came from Panasonic UK to squash rumours. And Its not what you might think. So here goes the 1200MK5 and 1210MK5 WILL be discontinued leaving the 1210MK5G as the top of the range and most definitely NOT discontinued. It never was a limited edition, just a flagship special edition model. And the 1200 and 1210 MK2 will continue as normal. So now theres some distance between the MK2 and MK5G models instead having a middle MK5 deck to confuse matters. So its vanilla Technics or the more expensive piano black extra pitched blue light luxury model left in the range."