ABC gave their reasons for dropping "Invasion", which was an ok series that ran last year. I think there's some "days of yore" thinking going on over there:

Even with a lead-in like the hit show Lost, Invasion suffered a dramatic downturn in viewers, and ABC decided not to renew the alien mystery series, though it attracted about 10 million viewers a week. McPherson said in an interview at the Television Critics Association summer press tour in Pasadena, Calif., last week that he is aware that some fans were angry about the decision to pull the heavily serialized drama before its storylines were wrapped up.

I'm curious as to what they expected. In a the narrow-cast world we live in, a 10 million viewre audience isn't peanuts - especially if you try and find the right advertisers for it. "Appointment" TV started dying with the VCR, and the rapid spread of DVR technology is finishing it off. It's past time for the network execs to adapt to that reality.

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