Cryptsy is Mt Gox version 2.
Cryptsy is not big enough to be Mt Gox version 2. Exchanges like Bitstamp, btc-e, kraken, fenix and okcoin are the ones that will cause major shakedowns if the pull a gox.
Ofcourse cryptsy going down is quite huge, but it is "only" 13,000 bitcoin and 300,000 litecoin. That is completely different than a 300,000 bitcoin business going out.