It's really just a catchprase I've heard. To be honest, the context has generally eluded me.
Basically Kyronea nailed my meaning, except for a few details. The Chrono series, as a game series developed and published by Square(enix) and sold for money is dead, or at least in a deep comma; but the compendium (& related efforts) are keeping it alive through fan projects, delving intoits secrets and mechanics, etc.
I'm afraid cupn00dles might still want to kill me for my blaspemous statement that Break is... unlikely.