I think Google should retire Google Reader because, It just isn't popular, I haven't really heard of it before, I'm sure none of my friends have used it or heard of it either. When I read about what it is, my first thought was, who has the time to use this? Its not an attractive concept.
No, Google shouldn't retire their reader. For sure, there are a number of other readers out there that are doing leaps and bounds in comparison, but Google reader is beloved by a lot of people I know, and it's a cool thing in its own right. Not everything has to be cutting edge in order to be worthwhile.
I like being able to have the things I deem important all in one place. While there are other readers available, I trust Google as a brand the most. Also the compatibility of Google products with the Android platform is also a major plus for Google. I do hope they will consider keeping the Google Reader as it is a great product.
I think it is a shame that Google plans to retire Reader. Of course there are plenty of other ways to get access to all of your blogs, sites, etc., but I love having all of my online needs met by Google. I use Gmail, have a well managed Google Calendar, store documents on my Drive, and plenty of other things through Google. I hate that I will no longer have access to by blogs and feeds through Google.