Dammit that is disturbing news. A friend ordered one a few weeks ago, and was told the same thing by the retailer (the only Authorized fender repair shop/dealer in 250 miles) that he will get his Rock Band Squier, but after that Fender is not producing them any more...
Also the price has dropped on the RB 3 software, and it seems all stores are letting stock disappear. Now shelves, and online searches at (at least my Canadian) retailers are comping up empty... like the game is slowly disappearing.
I wonder how much of these issues, if any, are being caused by the army of lawyers at MTV Games. 'Cause you know they have to be involved.
Lets all keep our fingers crossed, and still have fun playing the game. Invite friends over have a RB party... lets old school, grass roots, advert this ***** back into a viable money making game. Make it fun. Introduce all your friends to it, have a few laughs and rock the house down.... enough people call Fender and say WTF, might re-open their eyes.

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