Russian T-50. What is really going on with that plane?

Thanks to S300V4 for the pic!

I know most here have kept up with the news.  I'm certain of it because I got enough messages in the inbox about it.

But what's really happening with the T-50?

What do we know?  We know that we've had conflicting reports from various officials.  We know that the Indians have pulled out of the program citing costs.  We know that other Russians officials have stated that the SU-30 class of warplanes are "good enough" against the F-35...additionally we've seen reports from around the world that stealth is diminishing in importance because radar tech is outpacing SHAPING that is the backbone of the current tech and radars are starting to use bands that the F-35 isn't optimized to defeat.

But are the Russians gonna skip 5th gen and go straight to 6th gen?

I'm beginning to think that is the world wide consensus.

The Brits are making noise about working on a 6th gen jet.  I've been trying to keep up with the J-20 but to be honest have been SHOCKED that they haven't been pumping out those planes like candy.  Have they made the same determination?

So what gives?

Does the T-50 live or is it dead?