As my title suggests, with TMS going out the door, rather than focus on palming an on-premise meeting scheduler to some other vendor, why not just scale up Cisco Meeting Management? The latest version 3.9 is pretty snazzy and works well intertwined with Cisco Meeting Server. There will always be a need for on-premise solutions (honestly, I do not understand the whole 'cloud' obsession other than a cash grab), so it makes much more business sense for Cisco to maintain or even scale up functionality of CMM.
Would like to hear other posters thoughts/opinions on this.