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We're learning this afternoon that Microsoft's Kin line, for all practical purposes, is riding off into the sunset just a few short weeks after its release. Sources close to Microsoft tell us that Andy Lees has rolled Kin into the Windows Phone 7 team and has canceled the existing product's launch later this year in Europe on news that sales weren't as strong as expected. Speaking of sales, Verizon's already-launched Kin One and Kin Two are soldiering on for the time being, but for how long is anyone's guess. Here's Microsoft's official statement:

"We have made the decision to focus exclusively on Windows Phone 7 and we will not ship KIN in Europe this fall as planned. Additionally, we are integrating our KIN team with the Windows Phone 7 team, incorporating valuable ideas and technologies from KIN into future Windows Phone releases. We will continue to work with Verizon in the U.S. to sell current KIN phones."

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