I've lost track of how many times we've been through this, but I'm told that Tom DeFalco has passed on the news via ComicBoards.Com that Marvel currently plans to cancel Amazing Spider-Girl as of issue #30.
The last seven times this occurred, an enthusiastic fan letter writing and comic-buying campaign managed to force a stay of execution. So if you'd like to see May "Mayday" Parker rescued once more... you know what to do!