As of December 31st, Fox is suspending it's weekday afternoon block (Digimon, Power Rangers, Action Man, etc).
It's now up to the affiliates to decide what airs in the now vacant two hour time period, but the network can reclaim the time at any point as long as they give six months notice. The Saturday morning schedule will remain, at least for now.
I'll bet by this time next year, Fox will join CBS and NBC in abandoning their kids shows.