i'm surprised that The View has not yet be canceled in the 2 years since this thread was started. and don't be surprise if ABC refuses to kill this show, i wouldn't be surprise if ABC blows up "Live with Kelly" and move Kelly Ripa to The View. by the way, it's just my opinion, as i don't work for ABC or the Walt Disney Company or any other broadcast company in either TV or Radio.
There's no reason to be surprised. The numbers are good enough to warrant continuation. When they're not, it goes away, just like any show. A group of mostly, if not exclusively, people who aren't in the target audience bemoaning the show on a message board isn't an accurate reflection of how it's performing.
As for "blowing up" (really?) Live, there's also zero reason to do so. Two of Disney's divisions are making nice chunks of change with those shows. Why would Disney, not ABC, choose not to keep both revenue streams?