If Google were smart, they'd open-source Reader and let the people who love it maintain and run it (It's probably much too dependent on their architecture for this to actually be a viable option).
This is almost certainly impossible. Systems at large Web companies have tons of dependencies on internal systems, libraries and build tools. It would probably be easier to rewrite Reader from scratch rather than open-source it.
If Google were smart, they'd open-source Reader and let the people who love it maintain and run it (It's probably much too dependent on their architecture for this to actually be a viable option).
So.. if they were smart they'd do something that's impossible, you're saying.