Rapha Condor - Sharp has been turned into a development team, signing several very young riders (a.o. the younger Kennaugh brother), and only keeping House, McCallum and Dean Downing as "elder statesmen"/mentors/capitaines de la route. Clancy and Tennant are special cases as track riders.
I suppose this decision was made because the sponsors didn't want to raise the budget substantially, which would have been necessary to keep all the riders they had last year (Briggs, Craven, Dempster, Tiernan-Locke).
So Endura (and also IG - Sigma Sport and Raleigh) have picked up these talented riders - and they'd be stupid not to do it. Dempster would maybe have gotten a contract at Highroad if they had continued, Craven was considered by Europcar if they had gotten a WT license. I don't know whether WT teams looked at Tiernan-Locke, or if he was approached by Endura with the prospect of becoming one of their leaders and thought that would be better than jumping to a WT team and possibly be relegated to watercarrying duties.
The team isn't bad at all, and if guys like Bibby, Blain, Dempster, Russell Downing, Mandri, Voss or Wetterhall ride as well as they did in the past, young riders like McEvoy, Rowsell and Thwaites continue their progress, and the team sign a couple of good riders for 2013, I can see them getting wildcards to WT races. And if NetApp gets a wildcard for the Giro, a strengthened Endura Racing Team may well get a wildcard for the Vuelta next year.