Lindsay Price (left, as Victory Ford) tells E! Online that it's possible that instead of canceling Lipstick Jungle, NBC may move it to another network -- perhaps Bravo or Lifetime, or maybe even a DirecTV deal like they did with Friday Night Lights.
Lipstick Jungle has a small but devoted fan base, and NBC announced last year that they weren't planning to film new episodes. Since then, NBC has been stringing LJ fans (and actors!) along with no real answers. This cable idea would be a great solution, especially if the alternative is axing the show.
And don't be surprised to see NBC moving even more dramas to cable networks now that they're giving 5 primetime hours per week to Jay Leno (a plan which I absolutely loathe). They already have Law & Order: Criminal Intent on USA (if they ever start showing the new episodes!).