From the notice:
Inktomi will continue to submit your URLs to other search engine partners, including Overture.com and About.com. And as always, the Inktomi crawler will continue to refresh your URLs every 48 hours.
Wow. So I haven't bothered suggesting people even worry about the Lycos inclusion program for some time. But if I understand this, they aren't saying the program will submit you to Yahoo (but I think that might have ended last year) but instead only results at Overture that few will ever see.
As for About.com, help me if I'm missing something. When I looked today, About.com doesn't appear to offer any web search results at all. Try this, http://search.about.com/fullsearch.h...ijkl&x=0& y=0
Now if About was using the "historic Inktomi network" that is a euphemism put on in the past for "submit everywhere but Yahoo, because Yahoo wants you to buy direct from them," then this search at Overture http://www.overture.com/d/search/?ty...s=abcdefghijkl
shows that there are matching pages for the same query that About.com comes up with nothing.
In another words, whatever people spent on a flat-fee submission with Lycos, it's hard to see any value still remaining to it -- not that there was likely much before other than being on Lycos itself.