I guess this was old news but I never saw it until now. That show was so funny that I just assumed it would be back next season. Seriously one of the funniest shows I have seen in a long time, way better than the new beavis and butthead episode, what a shame, hopefully another network picks them up.

MTV decided that the series did not attract a broad enough audience to be picked up for another season,
Yet 16 and pregnant attracts a broad audience, what is wrong with people today?

If you didn't watch it you can check out some of the episodes here.
Amazon.com: Good Vibes: Season 1, Episode 2 "Floatopia": Amazon Instant Video