Tom Jeffery is quoted on the Kable website as saying "... the government recognises the big investment made on (sic) the system – estimated at £227m over five years – and wants to make appropriate use of it where practicable". So it has been decided to continue maintaining ContactPoint until a decision has been made on a replacement. (http://www.kable.co.uk/government-delays-contactpoint-abolition-dfe-education-18jun10)
Maybe Tom has never heard the management accountants' adage "Sunk costs are history". It is only future costs and revenues which matter, not money wasted in the past. If ContactPoint is a dead duck the aim should be to make sure that as little money as possible is now spent on it.
I say move on and switch it off.