It appears that 08th MS Team has also been dropped from the Toonami Schedule according to this website. I recived the following news item, I haven't been able to confirm this, but thought I would post it since it sounds plausible:
Mobile Suit Gundam has been pulled from the air from Cartoon Network's Toonami block for the forseeable future as a result of the tragedy that occurred on September the eleventh. AOL/Time Warner has purportedly decided that due to the nature of this show and the atrocities of war that it depicts, now is not the right time to be airing the program. [It's removal is not a result of ratings, as it still recieves an acceptable share. It was not expected to be fully embraced immidiately, it was felt that the animation quality would distract many viewers, the hope was that as more recent shows of the Zeon era were aired, interest would increase.] As for the future of 0080:War in a Pocket, 0083:Stardust Memory, 08th MS team, and the ongoing Zedd Gundam preproduction, they're futures are still unclear at this time. Cartoon Network would still like to continue as planned at some point, but as of now, that may be some weeks off. The preceding was a paraphrasing of memo that has recently gone out in the Cartoon Network offices. the big suprise, in one opinion at least, was that Zeta Gundam is in the works! It seems to make sense, though, as First Gundam was shown on Monday, but not since. Hopefully it will return after a recovery period from the WTC/Pentagon tragedies.
In the meantime, you can voice your opinion at
http://www.cartoonnetwork.com/feedback