There's still no official news on whether BASS will cancel its Majors next year, but pretty much everyone BassFan spoke with (outside of BASS) feels it's a done deal. Remember that BASS revised its 2008 Elite Series qualification format in late April, but made no mention of 2008 Majors qualification (which would have to be adjusted to accommodate the re-expanded field).
BassFan again asked BASS whether the 2008 Majors have been canceled. BASS director of communications Jamie Wilkinson reiterated a previous statement: "That decision has not been made. We have yet to announce next year's schedule."