I will say, if they are getting canceled, they at least seem to know. That lets them put together a 'final' episode. That's better then most series get on the internet. I don't think that is what is actually happening. I think it's just another story point.
I think this show can still get places and be good. We have seen some genuinely funny stuff from them but it has been woefully inconsistent and pacing has always been a problem IMO. I can call myself a fan, but I have defiantly seen worse.