Thank you to the anonymous commenter who just sent me the following link... Lost will definitely run its first eight episodes starting in February 2008 as previously planned, but then will go on hiatus once again until it can recover from the writers' strike.
I do think that if I had to be the one making the decision as to how to handle Season Four, that's probably the course I would've taken, too. Let's face it--we all love our Lostaways, but 1.5 years in between seasons is a bit much for any fan.
I'll keep you posted if I hear any more (and please do the same by sending me a note if any of you get any scoop!).
And don't forget to check out the mobisode link in the previous post...