Goodbye, Vine: Hello, Vine Camera.
Twitter announced in October that it was scrapping Vine, its standalone application that allowed users to create looping 6.5-second videos. The Vine team revealed the next step Friday.
In January, the Vine app will be ?transitioned? into a pared-down app called Vine Camera, which will still enable users to create 6.5-second looping videos and share them to Twitter or save them to their smartphones.
The Vine team also said it will provide a way for Vine users to migrate their followers to their Twitter accounts ?in the coming days.?

Finally, all Vine users can now download their Vines via the app or the Vine website. Vine added a frequently asked questions page with additional details, including:

Once Vine Camera is live, users will no longer be able to download their Vines via the app.
In order to transfer followers, Vine and Twitter accounts must be public, and they must be linked in users? settings.
Downloaded Vines will include captions and totals for likes, comments and revines, but video messages and the comments themselves will not be included.
Users can also request to download their Vines via email.

Readers: What are your thoughts on the transition from Vine to Vine Camera"

...