I don't know why this isn't bigger news. I guess because the rumor has been around for a while now. Anyway, it would seem it's confirmed...
I like EMH so I can't claim to be excited about this. It seems like a pretty blatant attempt to cash in on the movie (same Avengers + Falcon for some ethnic diversity). I also don't see how this makes logical sense. If kids who saw the Avengers movie and got excited are tuning in to EMH now does it really make sense to pull the rug out from under them with a whole new continuity?
But I guess that's the price Marvel pays so Loeb can consolidate his power.
Its a damn shame. It was a great show. Exactly what I would want from a classic Avengers line up.