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@cmyj
Bike Snob NYC has some great articles on this I was reading the other day, about the demise of it as a fashion.
http://bikesnobnyc.blogspot.com/2007/11/bsnyc-fixed-gear-apocalypse-watch.html
It's an interesting concept, I've been really into riding since I was about 14. I rode trials for about 3 years, then got a girlfriend and stopped. Then I kind of got back into it then stopped, and then I got a BMX and rode park for about a year and a half, and if then you'd have told me that in 2 years I'd be riding a bike which fits me and has drop bars, I'd have NEVER had believed it. But I started riding singlespeed before going fixed, and now, its just so great to get around on. The ultimate in travel, I use it every day, I NEED it, the thought of spending £2 on a bus fare is absurd to me now!
Riding on a low budget since I was 14 I've built up a collection of tools, spare parts, and all the knowledge to keep riding no matter what goes wrong. For this reason, five years from now, I can't imagine stopping riding fixed. And if I did, it would probably be the thing I could just get straight back into, well I hope so.