I bought a Northstar Loran in 1994 for $300 installed. If I did GPS comparisons on ADF/NDB approaches using both, the loran was more accurate and updated the display faster. I questioned the life I would get from it because they were funding loran stations only very short term. Well, it's ten years later and I guess I got my $300 worth.
"Well, it's ten years later and I guess I got my $300 worth."
Sounds like it. I tried to find out the current status of LORAN-C, but didn't get very far. Lots of folks are still interested in keeping it going, though.
One reason I can think of is that the military might well have reasons at one time or another to mess with GPS to throw an enemy off-track. I believe that has happened a few times already, causing problems for civilian GPS users.