I believe that Scott said that there wasn't enough interest to justify a production run. I am a big fan of the Cruise Lite, and I even got to beta test it before it hit the market years ago.
Cruise Commander Lite Beta Test, Part Deux
I'd love to see this product back in the lineup, my stock is running low. When ERR was about to be shut-down, I ordered a bunch of these, and I'm slowly using them up.