It isn’t dead yet. The source code was downloaded by a bunch of people when the lawsuit was announced, so there’s already forks being uploaded to other accounts.
Its dead. Another project based on it source code might arise but it won't be the same team and will take a while before it would be smart to trust the new project.
My guess is the most recent version of Yuzu, as a stand alone, will probably work for a long time anyway. So i guess there is that...
That’s what I mean. They say you aren’t truly dead until the last person forgets your name. Yuzu might not have the same team going forward, but the source code is there, and somebody will continue the project. We won’t forget where it came from, and so Yuzu will live on.
Source has been posted on Internet Archive (along with the latest builds for a bunch of platforms). Something will likely rise from the ashes of YuZu, but it wouldn't surprise me if it takes a few years. Nintendo is probably gonna be extra litigious this year (even more than usual), due to them likely failing to have the Switch's successor ready this year, and not really having a full slate of games ready, so with Switch sales projected to be down, best to lay low on anything that might get Nintendo's attention for a while.