ISONews can now be found at www.izonews.com or www.theisonews.com. www.isonews.com started redirecting to www.cybercrime.gov after the domain was seized from the owner of the site (David Rocci, a.k.a. krazy8) after pleading guilty to "to conspiring to import, market and sell circumvention devices known as modification (or “mod”) chips in violation of the Digital Millennium Copyright Act"1. At first, www.isonews.com redirected to a page hosted at CyberCrime which explained what happened to the site and Rocci (http://pages.sbcglobal.net/webslicer/isonews.jpg), though it now just redirects to www.cybercrime.gov.
Rocci was sentenced to 5 months in prison, 5 months home detention with electronic monitoring, 3 years supervised release and $28,500 in fines on April 4, 2003. Rocci served time at the Federal Correctional Institute in Beaver, West Virginia. Rocci was released from prison on November 7, 2003. Rocci says he'll be writing on davidrocci.com about what prison life was like. Oh, and for the curious, to quote krazy8: "we had private shower stalls...no ass raping."2
As for the site quality itself, it is pale in comparison to NFOrce and VCDQuality as far as release updates go. The forums are still active, though there are many trolls on them.