I doubt he's gone as that would be a bit extreme.
And yes, it has been completely blown out of proportion. Again: it was a taped show. Why is the editor not getting slammed too?
It really has been, and I'm sure Heyman deserves a lot of that credit.
For me it is that it is logical. Corbin has been so full of himself for so long that it is nice to see him get his comeuppance. That and he has been selling the heck out of it and making me believe his life is falling apart.