Well thanks for 53 people viewing the thread. Right about the time I was posting this yesterday, they updated their facebook page finally.
"Due to the extremely high cost of presenting a 3 day weekend of bicycling in Downtown West Palm Beach and the lateness of stating to get organized, It is imposssible to get the needed sponsors at this late date, so we are cancelling the event for February 2011. If there is some real supports interested in doing it again, we will be most happy to be a part of it as long asthere is enough time to put it all together."