I can't say I'm personally that bummed - it means I'll get a better deal on one.
I had been wondering why I wasn't seeing any around. That brings up another benefit - more exclusivity. 350Zs are a dime a dozen at this point, but I've only seen one 370 on the road...
It's a bummer for Nissan, to be sure. It probably doesn't help that they got it out the same year as the new Mustang and the new Camaro. With the likely length of the model run, they'll probably do fine on the car, but I think they were hoping it would bolster their otherwise terrible-selling sedans...
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