Verizon’s FiOS IPTV revamp has been canned after almost seven years of pumping blood, sweat and a whole load of cash into the project. The upgrade was a critical moment for Verizon’s TV business, and it is difficult to foresee Verizon magicking up a plan B to plug its diminishing pay TV subscriber base. Early suggestions are that Verizon is instead pursuing live programming projects – probably under the illusion it can still transform Go90 into a success story. An inside source speaking to DSLReports said, “Employees received an email on Tuesday instructing those involved in the (an internal) trial to choose new packages and schedule a subsequent tech visit to remove and replace the set tops.” Back in June,…