Considering some naysayers were quite certain Team Rahal would leave the IRL as well or scale down to just the Ethanol car I think it's good news they'll remain at least a two-car team.
That Fernandez has put his team in limbo isn't good news, no, but that, on the other hand, is a different topic (even though in one way relates to this one).
EDIT - Btw, it's not three less seats, "only" two. Remember that Matsuura went to Panther, and as far as I can recall they did not field a second full-time car this season? Hmm... or did they? Can't remember, the last couple of races seem so long ago now...