Please say it isn't true!
Seriously, though. There won't be a replacement for the Apache any time soon. It takes years and years to develop a helicopter. The Apache took almost 20. There are many enhancements being worked on now to bring it further up to speed with our changing threats, so I doubt it will go anywhere.
As far as the AH-1's, I just came from Yuma Proving Grounds. They are testing a SWEEET AH-1 with all new gadgets, 4 bladed rotor system, etc. I think the Marines won't let that one go for a while. The older AH-1's I have seen in the inventory are really rough looking though. They are definately showing their age. Still quite effective, though.