Freeport is indeed gone. James Zwiers has spoken of writting a module dealing with its destruction but I suspect real life has derailed it. He did share his vision of what happened with the BI judges at Origins this year. I thought there was lots of cool stuff mentioned including a treacherous sealord, complaints from a mysterious source, and an apocalyptic end of the Island through "the Fury of Yarris." If you have the good luck to see James at a origins next year (or across the pond in England) buy him a beer and try to get the full story from him.