End of the road for Respect?

Looks like the Respect Party may have reached the end of the road:
http://www.voterespect.org/2011/05/after-election-where-now-for-respect.html#more

"Electoral politics is a tough game and there is no hiding from results. The reality of our results on May 5th was that we had a very disappointing night.

It appears clear now, with the exception of Tower Hamlets with its peculiar local circumstances, that the electoral space that we have sought to occupy in recent years has been closing since the final few weeks of the 2010 General Election campaign."